3/31, 5:09 PM (Source: TeleTrader)
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Trump-related stocks surge after indictment

Trump-related stocks jumped on Friday hours after it was known former President Donald Trump became the first one to be indicted. According to a CNN report, Trump is facing over 30 counts concerning business fraud.

At other times, shares of companies associated with the former president have moved significantly when he has been in the limelight.

After the opening bell and reaching their highs, blank check company Digital World Acquisition Corp jumped 5.36% to sell for $13.75 at 11:07 am ET. Rumble, a video platform that partners with the Truth Social app, jumped 8.19% to sell for $10.12, while Phunware, the firm that developed the Trump campaign's app for the 2020 presidential race, gained 4.77% to $0.67.

Baha Breaking News (BBN) / JG