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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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