Gapping up $Trump Media & Tech-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Gapping up

$Trump Media & Technology (DJT.US)$ 's shares jumped 37.3%, with the company owning the Truth Social platform and being majorly owned by Donald Trump.

Shares of $Tesla (TSLA.US)$ climbed 12.6%, as the electric vehicle leader is seen to benefit greatly from a Trump victory, especially with CEO Elon Musk's strong support.

Shares of financial giants $Citigroup (C.US)$ , $Bank of America (BAC.US)$ , and $Wells Fargo & Co (WFC.US)$ each ascended over 7%, driven by investor optimism that Trump's administration would ease banking regulations. $JPMorgan (JPM.US)$ rose by more than 6%.

$Coinbase (COIN.US)$ 's shares surged by 12%, propelled by a record-high spike in bitcoin, aligning with Trump's supportive stance on cryptocurrencies.

Gapping down

$First Solar (FSLR.US)$ shares dropped 14.3%, moving in tandem with the broader renewable energy sector, which braced for Trump's potential rollback of Biden-era climate policies.

$Super Micro Computer (SMCI.US)$ 's stock took a steep 17.6% dive after the company lowered its financial forecasts for the upcoming two quarters, despite clearing its management and directors of fraud through an internal investigation.

$Rivian Automotive (RIVN.US)$ 's shares fell by 2.5% ahead of its anticipated report of a decline in quarterly revenue, marking the first since its public debut three years ago.

Source: CNBC; Investing.com

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