Trump Media & Technology Group's five-week gain was 324%, with a market value increase of more than $7.9 billion

Shares of Trump's social media company extended a five-week rally, adding more than $7.9 billion to its market value, as analysts expect the company to benefit significantly if Trump wins next week's election. Trump Media Technology Group rose 8.8% on Tuesday, bringing its five-week gain to 324%. This has caused Trump's paper gains on the company to surge to nearly $6 billion. The company's trading volume has surged in recent days, with about 165 million shares changing hands on Tuesday, more than four times the average volume over the past month. Although its business performance remains lackluster, investor interest is surging. Other companies with a slight connection to Trump's political fortunes have also seen fluctuations in share prices, including Peter Thiel-backed video network Rumble Inc., which fluctuated between a 5.6% increase and an 8.5% drop on Tuesday. Phunware Inc., a loss-making software company that designed apps for Trump's 2020 campaign, fell more than 20% at one point and closed down 18%. (Bloomberg)