DIS - Trump Media In Spotlight As Expert Signals Fans Could Treat Buying DJT Stock As 2024 Campaign 'Contribution' (CORRECTED) | Benzinga
Editor’s note: This story has been corrected to reflect JJ Kinahan’s current job titles.
JJ Kinahan, CEO of IG North America and president of tastytrade, has suggested that nearly half of the U.S. voted for Donald Trump. Hence, people will be interested in buying Trump Media & Technology (NASDAQ:DJT) stock.
What Happened: The market strategist noted that the interest in Trump Media stock stems from the belief that the investment could contribute to Trump’s potential re-election campaign.
He shared this insight during the Wednesday edition of CNBC’s “Last Call.” Kinahan highlighted the unique situation of Trump Media & Technology stock, which has been gaining attention amid the broader meme stock frenzy.
He said, “Almost 50% of the country voted for him. Because of that, there are going to be people who are going to buy this stock. They see it almost as a contribution to him running for president again.”
"Almost 50% of ...