00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Trading in Trump Media shares halted multiple times Tuesday due to high volatility.
00:06Nearly 16 million shares traded in the first 10 minutes,
00:09exceeding the stock's 30-day average volume in under an hour.
00:13DJT's stock recent 224% rally marks its highest since October 2021,
00:19following the completed merger with DWAC, which took the company public.
00:23The stock maintains a market cap above $10 billion,
00:26driven by pro-Trump investor support and political speculation amid Trump's 2024 campaign.
00:32Analysts attribute the surge partly to Monday's rally at Madison Square Garden
00:36and increased political betting favoring Trump over opponent Kamala Harris.
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