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Stock impact report

Trump Media shares surge one week ahead of presidential inauguration [Yahoo! Finance]

AMC Entertainment Holdings, Inc. Class A (AMC) 
NASDAQ:AMEX Investor Relations: investor.amctheatres.com
Company Research Source: Yahoo! Finance
Shares for the company behind Trump's social media platform Truth Social ended the day up 21.5% at $42.91. It was the company's largest single-day jump on the Nasdaq since Trump won the presidential election in November. Shares have been volatile since Trump Media went public in March 2024 , but Monday's gains were significant, according to University of Florida finance professor Jay Ritter. The company's shares have been likened to meme stocks like AMC Entertainment and GameStop because the stock's success has been based on sentiment rather than hard numbers like revenue and cash flow. Trump Media, which has a fully diluted market capitalization of more than $9 billion, according to FactSet, had a net loss of $19.2 million and ea Read more
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