Editor’s note: This story has been updated with additional details.
In the wake of an attempted assassination on former President Donald Trump, shares of Trump Media & Technology Group Corp DJT soared 4.23% in Monday’s pre-market trading.
Trump was quickly escorted to safety following a shooting incident at his Florida golf club on Sunday afternoon. An armed man was spotted near the club while Trump was present, leading to the situation.
As per Benzinga Pro, DJT was trading at $18.73 at the time of writing after it closed at $17.97 on Friday. This comes at a time when the company’s major shareholders are gearing up for the end of the lockup period, which will see a flurry of sales from insiders. However, Trump, who holds about 60% of the company, said last Friday that he has no intention of selling his shares when the lockup period expires. The stock experienced a surge over 12% right after the announcement.
The assassination attempt took place around 2 p.m. when a Secret Service agent from Trump’s security detail fired at a man seen with an assault rifle near the Trump International Golf Course in West Palm Beach. The suspect was able to escape the scene.
Law enforcement sources have stated that they do not believe the suspect had a chance to fire at Trump. The assault rifle was later discovered by the authorities.
In a statement, Trump reassured his supporters of his safety, “There were gunshots in my vicinity but before rumors start spiraling out of control, I wanted you to hear this first: I AM SAFE AND WELL!"
The Secret Service, in collaboration with the Palm Beach County Sheriff’s office, is currently investigating the incident.
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
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