Trump Media Stock Surges After Debate with Biden

Investor confidence in Trump's political prospects boosts shares of his media company, despite ongoing volatility and financial losses.

Shares of Trump Media & Technology Group rose up to 13% in premarket trading following the debate.
The stock's performance reflects investor belief in Trump's potential electoral success.
Despite recent gains, Trump Media has experienced significant volatility and financial losses.
Analysts note the stock's valuation is driven more by Trump's name than the company's fundamentals.
Trump Media's market value has fluctuated widely since merging with Digital World Acquisition Corp.