The Nasdaq Market site is seen on the day that shares of Truth Social and Trump Media & Technology Group start trading under the ticker "DJT", in New York City, U.S., March 26, 2024. (REUTERS/Shannon Stapleton)
NEW YORK (Reuters) - Shares of former U.S. President Donald Trump's media company hit their highest level in six weeks on Thursday and were last up about 16% as the stock extended recent gains.
Trump Media & Technology Group, which is 57% owned by the Republican presidential nominee running against Vice President Kamala Harris, is up roughly 45% for the week so far. The stock was last at $23.85.
Trump's odds of winning the Nov. 5 U.S presidential election have edged higher on PredictIt in recent days, climbing to 52 cents from 49 cents a week ago.
Harris' odds are the same at 52 cents, but they are down from 55 cents a week ago, according to PredictIt.
Trump on Saturday held a large rally at rural Pennsylvania site where he was nearly assassinated on July 13.
(Reporting by Caroline Valetkevitch; Additional reporting by Saqib Iqbal Ahmed and Lance Tupper; Editing by Daniel Wallis)
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