Donald Trump's stock prices in Trump Media surged after President Joe Biden stumbled in their presidential debate, with shares rising by more than 11% in premarket trading. Trump, who owns nearly 65% of the company, saw the market capitalization reach $6.5 billion despite low revenue. The Truth Social app owner's shares were traded heavily, with over 5 million changing hands. As the presumptive Republican nominee, Trump's strong performance in the debate seemed to boost investor confidence in his media empire. The stock price of Trump Media, trading under the DJT ticker, continued to climb throughout the morning, reflecting the impact of Trump's appearance at the debate in Atlanta, Georgia on June 27, 2024.