Shares of media company Trump Media & Technology Group (TMTG) rose 8% amid a meeting between US presidential candidate Donald Trump and Ukrainian President Vladimir Zelensky. The company’s securities began to rise in price after the start of Zelensky’s visit to New York, trading data shows.
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TMTG shares on the Nasdaq in New York rose 7.8% to $15.06 during the trading session on Friday, September 27. The company’s market capitalization increased to $3.02 billion.
TMTG shares began rising on September 24, a day after Vladimir Zelensky began his visit to New York. The meeting between Zelensky and Trump took place on September 27 at the Trump Tower complex, Reuters reported.
The agency noted that Trump has recently repeatedly expressed doubts about the need for US support for Ukraine. At a meeting in New York, Trump said he would begin seeking an end to the Russian-Ukrainian conflict even before a possible victory in November’s presidential election.
Author:
Kirill Bilyk
Source: RB

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