Why Trump Media & Technology Group (DJT) is Skyrocketing?

We recently published a list of 10 Firms End Stronger, Buck Muted Broader Market Trading. In this article, we are going to take a look at where rump Media & Technology Group Corp. (NASDAQ:DJT) stands against other other firms that ended the week strong.

The stock market ended the shortened trading week mixed, with two of the major indices clocking in just modest movements, as investors parked funds for now while continuing to digest President Donald Trump’s tariff policies.

Among the major indices, only the S&P 500 registered gains, up 0.13 percent. In contrast, the Dow Jones fell by 1.33 percent, and the Nasdaq dropped by 0.13 percent.

Ten firms, on the other hand, ended the week strong, on the back of a flurry of catalysts that sparked buying appetite. In this article, we have detailed the reasons behind their gains.

To come up with the list, we only considered the stocks with a $2 billion market capitalization and a $5 million trading volume.

Trump Media & Technology Group Corp. (NASDAQ:DJT)

Trump Media & Technology Group saw its share prices jump by 11.65 percent to close at $22.04 apiece as investors bought up on a short seller’s recent buying surge in the company.

Earlier this week, short seller Qube Research & Technologies disclosed a net buying position of around $105 million in DJT, prompting the latter to ask the Securities and Exchange Commission to investigate the shorting, claiming “potential manipulation.”

In a memo released on Thursday, DJT asked the SEC to “immediately investigate this suspicious trading and report your findings back” to the company.

In its defense, Qube said its short-selling positions were based on its quantitative model and not on the company’s fundamentals.

Earlier this week, DJT joined forces with two investment firms to launch Truth Social-branded Separately Managed Accounts, expected to “offer investors access to curated, thematic investment strategies rooted in American values and priorities.”

According to DJT, the lineup of portfolios will include strategies based on the themes of faith and values, liberty and security, energy independence, and made in America.

Overall, DJT ranks 3rd on our list of firms that ended the week strong. While we acknowledge the potential of DJT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DJT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.