Trump Media & Technology Group Soars as Supreme Court Dismisses Musk's Lawsuit

4 days ago

On Monday, shares of Trump Media & Technology Group (DJT, Financial) surged by over 14%, reaching $18.85. This significant increase followed the U.S. Supreme Court's decision to dismiss a lawsuit filed by Elon Musk's X Corp. The lawsuit alleged that Special Counsel Jack Smith violated the First Amendment by obtaining a search warrant for Trump's communications on Twitter and subsequently restricting the company from disclosing this information.

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