Trump Media stock price skyrockets on surprise announcement of merger with TAE Technologies

Update Thursday, December 18, 1:35 p.m.: Shares of Trump Media and Technology Group (Nasdaq: DJT) remained elevated throughout early trading on Thursday following the Truth Social parent company's eye-opening announcement that it will merge with the privately held fusion energy company TAE Technologies. As of midday, the stock was up more than 40% to roughly $14.67 a share. The stock is still down roughly 56% year to date. Shares had peaked for the year in January, early into President Trump's second term. ...