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Trump Media Stock Jumps as Truth Predict Expands Platform Into Prediction Markets

Investing.com Logo Investing.com By Timothy Fries
Trump Media Stock Jumps as Truth Predict Expands Platform Into Prediction Markets

Trump Media announced a strategic expansion into prediction markets through a partnership with Crypto.com | Derivatives North America, launching 'Truth Predict' on Truth Social. The platform will allow users to trade prediction contracts on various events, causing the stock to surge over 6% in premarket trading.

Insights
DJT   positive

Stock jumped 6% premarket, announced innovative platform expansion, reported $3 billion in cash reserves, and achieved first quarter of positive operating cash flow