"Trump Media Stock Soars Amid Assassination Attempt and Political Turmoil"

Shares of Donald Trump's social media platform Truth Social surged by 30% following an assassination attempt on Trump at a rally, reflecting a pattern of volatility similar to other "meme stocks." Despite generating $4 million in revenue last year, the company reported $58 million in net losses, highlighting its financial instability. Analysts suggest the stock's performance is driven more by ideological support than financial fundamentals, making it susceptible to significant price swings.