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Trump Media & Technology Group (DJT) has experienced significant growth following its merger with Digital World Acquisition Corp. Shares of DJT surged more than 16% on its market debut and are up an additional 16% premarket. The company, which includes Trump’s social media platform Truth Social, saw a rapid increase in value ahead of Wednesday’s opening.

Trump’s decision to launch Truth Social came after being banned from mainstream platforms like Facebook and Twitter. Despite being reinstated on these platforms, Trump has remained loyal to Truth Social. As the majority shareholder in DJT, Trump holds approximately 78 million shares in the company. The success of Truth Social and the positive response from investors have contributed to the rapid rise in DJT’s stock value.

Trump’s presence in the company has helped bolster confidence in its future growth and potential for further success in the market. With his reputation and influence behind it, DJT is poised for continued growth as it navigates the ever-changing landscape of social media and technology.

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