Shares of Trump Media and Technology up after first presidential debate

Shares of Trump Media, the owner of social networking site Truth Social, jumped 5 per cent at the opening bell on Friday after the first US presidential debate, with some investors believing it could become a bigger mouthpiece for the former president if he is re-elected.

President Joe Biden and former President Donald Trump clashed on Thursday evening on topics including abortion, immigration and the January 6, 2021 attack on the US Capitol.