Trump Media stock rebounds 47% after brutal post-IPO sell-off
Former President Donald Trump could reap billions if Truth Social's parent company's long-delayed merger finally goes through.Chip Somodevilla; Jakub Porzycki/NurPhoto via Getty ImagesTrump Media and Technology Group extended its two-day stock rebound to as much as 47% on Thursday.The rebound comes after a brutal post-IPO sell-off that dragged shares down more than 60%.Trump Media has posted instructions on its website outlining how to prevent retail investor shares from being shorted.Shares of