Trump Media shares triple from recent low as DJT rally rolls on
** Shares of Trump Media & Technology Group DJT.O rise 5.3% premarket to $36.20, as strong recent rally continues
** DJT has now tripled from Sept 24 record intraday low of $11.75 as betting odds favored R epublican candidate Donald Trump in his bid for White House win
** Retail traders and Trump supporters have helped propel DJT, which operates the Truth Social app, with the stock viewed as a speculative bet on his chances of securing a second four-year term as president
** Trump owns 57% of DJT for a stake now worth roughly $4 bln
** On the Polymarket betting site, one of four accounts have that have fueled speculation over their large bets on a Trump victory added to its wagers on Mon, according to Polymarket's activity tracker
** Meanwhile, some Trump-linked stocks also rising before the bell
** Software developer Phunware PHUN.O, hired by Trump's 2020 presidential re-election campaign to build a phone app, leaps 23.7% to $14.40
** Video-sharing platform Rumble RUM.O, popular with conservatives, advances 8.2% premarket to $6.33
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
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