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Trump Media, crypto stocks jump as odds of Trump victory rise after shooting

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Prison operators and gun producers see gains

Crypto stocks, prison operators and other shares that could benefit from a Donald Trump presidency in the U.S. jumped during premarket trading on Monday as the Republican candidate’s odds of winning rose after an assassination attempt at a rally.

TMTG stock has surged 75% this year, driven by retail traders betting on a Trump victory at the Nov. 5 rematch with President Joe Biden, who is a Democrat.

 

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Trump Media, crypto stocks jump as odds of Trump victory rise after shootingInvestors said trades betting on Trump's victory will increase this week after he was shot in the ear during the rally in Pennsylvania. Shares of Trump...
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