Shares in Trump's social media company increase after shooting

The company became listed on the Nasdaq exchange after it merged with the special acquisition company Digital World Acquisition Corporation

Donald Trump owns a majority of Trump Media and Technology Group,  which reported losses of $327m during the first three months of the year. Picture: Gene J Puskar/AP

Shares in Donald Trump’s social media company — Trump Media and Technology Group — rose yesterday after a failed assassination attempt on the former US president.

The company’s main operation is the social media website Truth Social, which was launched after Mr Trump was banned from major sites following the 2021 Capitol riot. It is often criticised for hosting far-right and extreme content.