Trump Media & Technology Group, BitFuFu, Mobileye Global And Other Big Stocks Moving Higher On Tuesday

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U.S. stocks were mixed, with the Dow Jones index falling around 0.1% on Tuesday.

Shares of Trump Media & Technology Group Corp. DJT rose sharply during Tuesday's session after the company signed an agreement to partner with Crypto.com to launch a series of ETFs through the Truth.Fi brand.

What Happened: Trump Media, the parent company of social media platform Truth Social, signed a non-binding agreement to partner with Crypto.com for a Truth.Fi ETF launch, expected to comprise digital assets and securities with a "Made in America focus."

Trump Media & Technology Group shares jumped 8.4% to $22.76 on Tuesday.

Here are some other big stocks recording gains in today's session.

  • Donegal Group Inc. DGICB shares jumped 15.8% to $17.41.
  • BitFuFu Inc. FUFU gained 7.3% to $4.7850 after the company reported a FY24 GAAP EPS beat.
  • Sky Harbour Group Corporation SKYH gained 7.2% to $12.84. Sky Harbour will report 2024 year-end financial results on Thursday, March 27.
  • POET Technologies Inc. POET shares rose 7% to $4.4378.
  • Auna SA AUNA gained 6.5% to $7.46.
  • Mobileye Global Inc. MBLY shares rose 6.3% to $16.22 after Volkswagen announced a partnership with the company to upgrade the driver assistance systems for its upcoming portfolio of MQB vehicles.
  • Turkcell Iletisim Hizmetleri A.S. TKC gained 6% to $6.24.
  • Maravai LifeSciences Holdings, Inc. MRVI surged 5.2% to $2.3550.
  • Titan Machinery Inc. TITN rose 5.2% to $18.69.
  • International Paper Company IP gained 5.2% to $55.63.

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Got Questions? Ask
Which ETFs could surge after Truth.Fi launch?
How will digital asset firms react to this partnership?
What impact will Crypto.com have on competitors?
Which financial sectors could benefit from crypto ETFs?
How might Volkswagen’s partnership affect Mobileye’s stock?
What trends could emerge in the automotive tech industry?
Will Donegal Group continue to gain momentum?
Could BitFuFu expand further after its earnings report?
What opportunities exist in social media stocks post-Trump Media news?
How will partnerships like Sky Harbour's affect investor interest?
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