Stocks Making the Biggest Moves Midday: Rocket Lab, Trump Media, Lululemon, Micron Technology & More
Micron's shares rose over 11% after beating revenue forecasts, Trump Media surged 33% on a $6 billion merger deal, and Rocket Lab jumped nearly 8% after an early U.S. Space Force launch.
7 Articles
7 Articles
Trump Media Stock Soars 33% On $6B Merger News
Stock prices of Trump Media and Technology Group (TMTG), which owns Truth Social, shot up by over 25 per cent following the announcement of a $6 billion (£4.49 billion) deal with TAE Technologies.The announcement on Thursday is poised to improve the company's financial stability and its presence in the competitive world of social media.The surge in stock prices is an indicator of investor interest in the merger, which is set to give Trump Media …
Trump Media's stock is currently going up. The reason is a fusion of the more unusual kind. What's behind it?
Stocks Rebound on Positive Inflation and Earnings News
US markets are rebounding this morning after President Trump’s speech last night, which focused primarily on the economy, tax refunds, and a Christmas bonus for members of the military. Index futures are up between 0.1% and 0.8%, led by the NASDAQ. Technology stocks are bouncing back after Micron Technology beat expectations last night ($4.78 vs Street $3.96, up 13.0% premarket). The earnings season effectively wraps up this evening for the year…
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