DJT rally accelerates, causing Trump Media shares to halt for volatility.

• The trading of Trump Media shares was halted due to volatility on several occasions as the company, majority-owned by Donald Trump, fluctuated at the opening bell.
• On Monday, DJT stock experienced a surge of more than 21% on heavy trading volume, followed by a volatile session.
• The stock rally that started in late September resulted in gains for the company, which had its share price drop below $12 during a months-long sell-off prior to the election.

The trading of shares of the company majority-owned by Donald Trump was halted multiple times Tuesday morning due to volatility, as the stock price fluctuated wildly in early trading.

At 9:36 a.m. ET, the Nasdaq-listed company DJT was halted for five minutes, with shares trading up approximately 14%.

At 9:42 a.m., trading was halted for the second time, with shares up nearly 9%. The company was halted again at 9:50 a.m.

Over 16 million DJT shares were traded in the first 10 minutes of the market opening.

On Monday, DJT stock experienced a surge of more than 21% on heavy trading volume, followed by a volatile session.

The pre-election stock rally that began in late September was further boosted by the gains added in October, after the company's share price had fallen below $12 for several months.

Nearly a month has passed, and Trump Media shares are currently trading at more than four times their initial price.

The company's stock has surpassed its previous high in mid-July, following the successful survival of the Republican presidential nominee after an assassination attempt.

Nearly 57% of the company that operates the Truth Social platform is owned by Trump, whose stake at Monday's closing price was worth over $5.4 billion, representing more than half of his on-paper net worth, according to Forbes.

Over $6 billion was the value of the former president's stake at the opening bell on Tuesday.

Although Trump Media has incurred significant losses in recent financial periods with minimal income, its market value remains above $10 billion.

According to analysts, the company's pro-Trump retail investors are purchasing its stock to express their support for the former president or to speculate on his chances of defeating Kamala Harris in the upcoming presidential election.

In New York City, at Madison Square Garden, Trump held a major campaign rally on Monday, which was followed by a surge on that day.

In recent weeks, political betting markets such as Polymarket and Kalshi have shifted towards Trump over Harris, coinciding with the company's gains.

Political polls and odds and gambling platforms employ different methodologies, making them incompatible substitutes. There are concerns that election betting markets may be manipulated, as critics have raised alarms.

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