Trump-linked stock jump after former president wins Michigan, Missouri, Idaho caucuses

Phunware

04/03/2024 11:48

** Shares of Trump-related stock jump premarket after former
president wins Michigan, Missouri, Idaho caucuses in dominant
show of force
    ** Digital World Acquisition  DWAC.O , the blank check firm
set to take Trump's social media platform public, gains 13.4%
premarket
    ** Software developer Phunware  PHUN.O , which was hired by
Trump's 2020 presidential re-election campaign to build a phone
app, climbs 24% to $8.77
    ** Video-sharing platform Rumble  RUM.O , popular with
conservatives, adds 7.1%
    ** In all three states Trump trounced Nikki Haley, his last
remaining rival for the Republican presidential nomination,
moving him closer to becoming his party's White House
standard-bearer and a likely general election rematch with
President Joe Biden, a Democrat
    ** Super Tuesday this week could be Haley's last chance to
stop Trump's drive to clinch the 2024 Republican presidential
nomination
    

 (Reporting by Medha Singh)
 ((medha.singh@thomsonreuters.com))