Trump Media Shares Surge 8% Following President’s Social Media Post
Shares of Trump Media (DJT) experienced an unexpected surge of 8% on April 9, 2025, following a post by former President Donald Trump on his social media platform, Truth Social. The stock opened at $16.60 per share and quickly rose to $17.47 within minutes of Trump’s announcement, showcasing the significant impact of his remarks on investor sentiment.
At 9:30 a.m. ET, the market began trading with DJT shares, and shortly thereafter, Trump posted: “This is a great time to buy!!! DJT.” His message cleverly referenced both the stock ticker and his initials, capturing the attention of the market. By 9:40 a.m. ET, the stock had jumped, and it continued to climb throughout the day, reaching as high as $20.32 by 2:40 p.m. ET.
The rise in stock value coincided with reports that Trump would pause most tariffs for 90 days, which contributed to a sense of optimism among investors. Earlier that day, Trump had also conveyed his confidence on Truth Social, stating, “BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!” This optimistic tone appeared to resonate with his followers and the broader market.
As of April 9, Trump Media’s market capitalization exceeded $4 billion. This valuation has previously placed Trump among the world’s 500 richest individuals, with estimates of his fortune at $6.5 billion in the previous year. According to Forbes, his net worth was around $4.5 billion in April 2025.
The day grew more complex as a regulatory filing emerged, indicating that a trust overseeing Trump’s substantial stake in the company might consider offloading up to 115 million shares. Axios reported that Trump Media filed with the U.S. Securities and Exchange Commission (SEC) to register up to 142.5 million shares and warrants for sale, which included a significant portion held by a trust managed by Donald Trump Jr..
While the prospect of insider selling raised eyebrows, Trump Media responded to the speculation by clarifying that the filing was merely routine paperwork. “To be clear, these shares were already registered last June on an S-1 form,” the company stated. “Currently, there is no open window for any affiliate to sell shares.” This clarification aimed to quell concerns that insiders were poised to cash out.
As the day unfolded, the apparent volatility of Trump Media shares highlighted the influence of social media on modern trading dynamics. The combination of Trump’s messages and significant regulatory actions underlined the complex interplay between political figures and financial markets, offering a vivid example of how sentiment can drive stock performance.
This incident not only reflects Trump’s continued relevance in the stock market but also raises questions about the implications of such influence on investor behavior and market stability. As the situation develops, stakeholders will be closely monitoring both Trump Media’s stock performance and the broader market reactions in the coming days.