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what factors are pushing siemens limited (500550) up ✌️【Safe Investment】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. President-elect Donald Trump’s social media stock had been sinking fast after a short-lived, post-election-victory surge this week. Then, with a single post on Truth Social, he helped boost the stock again – and added a half billion dollars to his net worth as a result.

what factors are pushing siemens limited (500550) up ✌️【Safe Investment】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. At Friday’s market open, in what was likely a classic “buy the rumor and sell the news” trade, shares of Trump Media and Technology Group had fallen 42% since their recent peak shortly after Wednesday’s open. Traders often buy a stock in anticipation of a positive event for a company – and when it happens, they sell to take their share of their profitable bet.

But then, a half-hour into trading Friday, when shares were down again, Trump sent out aTruth Social postabout the company’s stock: “There are fake, untrue, and probably illegal rumors and/or statements made by, perhaps, market manipulators or short sellers, that I am interested in selling shares of Truth. THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING!”

Immediately after, the stock surged, rising nearly 15% Friday. Trump is the company’s single largest shareholder, and his 114.75 million shares are now worth about $3.7 billion. That’s up from $3.2 billion at Friday’s market open.

Friday’s jump helped the stock land in the green for the week – but not by much. Trump media rose just 4.4% over the past five days.

what factors are pushing siemens limited (500550) up ✌️【Safe Investment】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The company has been called a “meme stock” that has been extremely volatile since it went public in March, and it does not trade on its fundamental business value. Throughout the year, Trump Media’s stock has traded as a kind of barometer for Trump’s election chances. Itquadrupled in valueover a five-week span beforeplunging by 41%over three days at the end of last week. It thenrebounded sharplythe day before the election.

what factors are pushing siemens limited (500550) up ✌️【Safe Investment】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. Truth Social’s business is minuscule by comparison with its better-known rivals such as X, TikTok and Instagram. The company is in a cash crunch and said it brought in less than $1 million in revenue in the past quarter.

what factors are pushing siemens limited (500550) up ✌️【Safe Investment】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. Trump has previously said he has no intention to sell his shares in the stock. That could be difficult to do, anyway, because the company’s valuation depends almost entirely on Trump’s ownership and participation on Truth Social, its core product. But Friday’s reminder was enough to give traders hope that Trump will continue with the company, even while he is President of the United States.

what factors are pushing siemens limited (500550) up ✌️【Safe Investment】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. The fact that Trump can benefit financially from the statements he makes on the social media platform has raised ethical concerns – as have his many other business ties.

what factors are pushing siemens limited (500550) up ✌️【Safe Investment】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Exclusive Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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