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Trump Media & Technology Group, BitFuFu, Mobileye Global And Other Big Stocks Moving Higher On Tuesday

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Trump Media & Technology Group, BitFuFu, Mobileye Global And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Dow Jones index falling around 0.1% on Tuesday.

Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) rose sharply during Tuesday's session after the company signed an agreement to partner with Crypto.com to launch a series of ETFs through the Truth.Fi brand.

What Happened: Trump Media, the parent company of social media platform Truth Social, signed a non-binding agreement to partner with Crypto.com for a Truth.Fi ETF launch, expected to comprise digital assets and securities with a "Made in America focus."

Trump Media & Technology Group shares jumped 8.4% to $22.76 on Tuesday.

Here are some other big stocks recording gains in today's session.

  • Donegal Group Inc. (NASDAQ:DGICB) shares jumped 15.8% to $17.41.
  • BitFuFu Inc. (NASDAQ:FUFU) gained 7.3% to $4.7850 after the company reported a FY24 GAAP EPS beat.
  • Sky Harbour Group Corporation (NYSE:SKYH) gained 7.2% to $12.84. Sky Harbour will report 2024 year-end financial results on Thursday, March 27.
  • POET Technologies Inc. (NASDAQ:POET) shares rose 7% to $4.4378.
  • Auna SA (NYSE:AUNA) gained 6.5% to $7.46.
  • Mobileye Global Inc. (NASDAQ:MBLY) shares rose 6.3% to $16.22 after Volkswagen announced a partnership with the company to upgrade the driver assistance systems for its upcoming portfolio of MQB vehicles.
  • Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) gained 6% to $6.24.
  • Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI) surged 5.2% to $2.3550.
  • Titan Machinery Inc. (NASDAQ:TITN) rose 5.2% to $18.69.
  • International Paper Company (NYSE:IP) gained 5.2% to $55.63.

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