Shares of former President Donald Trump's social media company surged on Tuesday morning during its first day of trading on the Nasdaq.

Trump Media &amp; Technology Group's stock climbed about 50% at the opening bell before being halted briefly due to volatility. It is currently trading at around $70 a share.

<thead><tr><th class="ticker">Ticker</th> <th class="security">Security</th> <th class="last">Last</th> <th class="change">Change</th> <th class="percent">Change %</th></tr></thead> <tbody><tr><td class="ticker"><a href="/quote?stockTicker=DJT">DJT</a></td> <td class="security">TRUMP MEDIA &amp; TECHNOLOGY GROUP CORP</td> <td class="last">71.37</td> <td class="change pos">+21.42</td> <td class="percent pos">+42.88%</td></tr> <tr><td colspan="5" class="sponsored-by-td"></td></tr></tbody>

The company is the parent of the social media app Truth Social.

<i>This is a developing story. Please check back for updates.</i>

Trump Media & Technology Group's stock climbed about 50% at the opening bell before being halted briefly due to volatility. It is currently trading at around $70 a share.{ai:summary}<p>Trump's social media company stock soars on first day of trading, climbing 50% before being briefly halted. Currently trading at around $70 a share. #economy</p>

Trump Media shares surge in market debut

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