Trump Media Stock Is Crazing. Here’s What Happened to the Average After the Assassination Attempt

According to what was reported by “Pauls Business”. Trump Media shares surged 29% in about two hours of trading Monday. However, in pre-session trading the shares were up 50%. The price of one share at 9:00 p.m. is $41.4.

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Market analysts interpret the investors’ reaction as a sign of that. The attack could boost Trump’s chances of winning the November election.“Donald Trump as president could be a positive for risk assets,” said Chris Weston, head of research at Pepperstone. Weston expects S&P 500 futures to rise and the dollar to strengthen, arguing that Trump promises to deregulate U.S. industries, which could fuel stock market gains.

Let us recall that on Saturday there was a failed attack on Donald Trump, the Republican presidential candidate. The former US president was shot in the ear. According to the FBI, the attacker was Thomas Matthew Crooks, a 20-year-old resident of Pennsylvania. Two people, including Crooks, died as a result of the attack, and two others were seriously injured.

“This is how US bookmakers (average of six firms) compare the candidates’ chances after the debate and the attack,” wrote Piotr Kuczynski, chief analyst at Xelion, on the X platform. “With a big lead over incumbent President Joe Biden.

“Attacking Donald Trump will mobilize his voters, weaken his image and make the election campaign more difficult for Democrats,” says PAP professor Donald Neiman, a political scientist and historian at the State University of New York at Binghamton. He notes that in the 250-year history of the United States, there have been 14 assassinations of presidents and presidential candidates, four of which were successful.