Shares of Trump Media soared as much as 30% on Monday, as the firm majority-owned by former President Donald Trump sought to bounce back from a weekslong plunge that cut the stock price nearly in half.
Trump Media, which trades as DJT on the Nasdaq, was trading around $36 a share on much higher than average volume as of 1:30 p.m. ET. The stock closed Friday at just over $27.