Trump Media gains after launching streaming app on Roku
Shares of Trump Media & Technology Group DJT.O, which is majority-owned by President Donald Trump and is the operator of social media platform Truth Social, rise 6.4% to $21.40 after announcing launch of its streaming app on Roku ROKU.O
DJT is on track for their biggest daily pct gain since Jan 29 and highest close since early March. It is still down ~37% YTD
Truth+ streaming app, which is now available on the Roku channel store, offers "family-friendly" programming for "patriotic Americans who want an alternative to woke entertainment corporations and biased news channels", according to a statement on Wed
The Truth+ Roku app will initially provide access to live TV channels, with Video On Demand content to be added in the near future, the statement said, adding that the app is currently available on Apple and Amazon devices, as well as on the Internet
ROKU is up 6% to $71.46, on track for biggest daily pct gain since mid-Feb
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