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f mec international financial services limited (539552) stock experiences sudden dip ✌️【Professional Guidance】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% at the opening bell, translating to an astounding market value of about $9 billion.
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But between September 23 and the end of October, Trump Media more than tripled in value — a stunning spike driven by bets that Trump would win the White House.
f mec international financial services limited (539552) stock experiences sudden dip ✌️【Professional Guidance】✌️ Expert predictions of stock trends to help you select high-potential stocks accurately, along with free real-time market data on stocks, futures, and commodities. Maximize your growth potential by staying updated on market movements. Matthew Tuttle, CEO of Tuttle Capital Management, told 【 - Free Real-Time Trading Opportunities 】 he isn’t surprised to see Trump Media surge on Wednesday because the stock is the “only pure play” for traders to wager on a Trump win.
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“A lot of people got fooled by the Iowa poll,” Tuttle said, referencing apolllast weekend that found Trump no longer in the lead in a state he won twice.
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“The magnitude of his victory helps, but longer term they need to come up with some sort of strategy,” Tuttle said.
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“Fundamentals don’t matter,” said Michael Block, chief operating officer and co-founder at AgentSmyth, an autonomous AI agent platform for investment ideas.
Block argued the market value reflects the value of a media company branded by “someone shaping up to be perhaps the most consequential person of the 21st century.”
“Forget about the past 40 years and the string of bankruptcies. Think about the here and now and what the brand is worth,” Block said.
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