Trump Hush Money Trial Has 12 Jurors: Here Are The 7 Men, 5 Women To Decide Former President's Fate
Portfolio Pulse from Chris Katje
The jury for former President Donald Trump's criminal trial involving alleged hush money payments has been selected, consisting of 7 men and 5 women with diverse professions. The trial is expected to last 6-8 weeks, with Trump criticizing it as an 'unfair trial.' Meanwhile, shares of Trump Media & Technology Group Corp (NASDAQ:DJT) surged 25.72% to $33.19, attributed to a company filing regarding share loaning for short selling, rather than the trial.
April 18, 2024 | 10:47 pm
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Shares of Trump Media & Technology Group Corp (NASDAQ:DJT) surged 25.72% to $33.19, following a company filing aimed at preventing the loaning out of shares for short selling, amidst Trump's legal proceedings.
The significant increase in DJT's share price is directly attributed to a company filing regarding the prevention of share loans for short selling, rather than the ongoing legal proceedings against Trump. This suggests a positive short-term impact on DJT's stock price, as the market reacts favorably to measures that could reduce short selling pressure on the stock. However, the ongoing trial and its media coverage could introduce volatility.
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IMPORTANCE 75
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