Investing.com -- IBM shares jumped as much as 15% in premarket trading on Monday after a video of President Donald Trump praising the company’s CEO resurfaced on social media over the weekend.

The clip, originally from a December event, shows Trump commending IBM CEO Arvind Krishna for taking the stock from a low price to a higher valuation. Trump noted he would not call the current price high because Krishna would likely say it will increase further.

Multiple accounts, including Polymarket Money, shared the video on X over the weekend. Polymarket Money’s post from Saturday accumulated more than 700,000 views as of 7:30 a.m. in New York.

The surge in IBM (NYSE: IBM) shares follows a 33% increase in Dell stock Friday, which gained attention on social media after being perceived as a Trump-favored company.