Trump Media & Technology Group Shares Are On The Rise Today: What You Need To Know

Zinger Key Points
  • Trump Media & Technology Group shares surged after announcing the release of its Truth+ TV streaming app for Android devices
  • The stock jumped nearly 14%, reflecting strong investor interest following the app’s launch

Trump Media & Technology Group Corp. DJT shares are trading higher on Thursday. The surge follows the company's announcement of the launch of its Truth+ TV streaming app for Android devices.

What To Know: The app, now available in the Google Play Store, offers a range of TV programming focusing on news, entertainment, faith-based content, weather, documentaries and children’s content. The platform includes linear TV channels and Video on Demand services. Features include live TV rewind, catch-up TV for up to seven days, network DVR and a Spanish language interface.

Truth+ expands the streaming options available on Trump Media's Truth Social platform by adding additional content and enhanced features. Android users can download the Truth+ app and log in with their existing Truth Social credentials or create an account directly through the app. The company also plans to roll out Truth+ native apps for iOS and other connected TV platforms like Samsung, LG, Apple TV and Amazon Fire in the near future.

What Else: CEO Devin Nunes highlighted that the launch of the streaming app marks another milestone in the company's mission to create an “uncancellable safe harbor for free speech.” He noted that Truth+ was built using Trump Media’s own servers and custom-designed content delivery network to ensure independence from Big Tech.

DJT Price Action: Trump Media shares were up by 16.6% at $23.96 at the time of writing, according to Benzinga Pro.

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