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)