Trump Media stock rises for second day after sell-off [Video]

Trump Media stock shot up Wednesday, as the company majority owned by Donald Trump looked to claw back losses from a punishing sell-off that picked up steam after insiders’ lockups expired.

DJT shares rose more than 10% to close at $14.13. Trump Media had closed more than 5% higher Tuesday, snapping a six-day losing streak.

The positive turn for the Truth Social owner follows a monthslong stock slump that erased billions of dollars from the company’s market capitalization.

Trump Media shares at Monday’s close were at their lowest in the roughly six months since the company went public after merging with a blank-check firm.

Some experts still see Trump Media, which currently boasts a market cap of more than $2.5 billion, as highly overvalued.

They suggest that retail investors are trading the stock not based on its business fundamentals — it reported just $837,000 in revenue for the latest fiscal quarter — but as a way to bet on the Republican presidential …