Check out the companies making headlines in midday trading. Trump Media & Technology — The stock fell more than 13% following Tuesday's debate between majority shareholder former President Donald Trump and Democratic Vice President Kamala Harris. On Wednesday, Trump Media hit its lowest intraday level since going public on the Nasdaq in late March.
Crypto stocks — Crypto stocks were dragged downward after the price of bitcoin fell slightly overnight, as crypto traders considered central bank policy in Japan . Shares of Coinbase and MicroStrategy respectively slipped 2% and 1%. Bitcoin miner Riot Platforms declined nearly 2%. Morgan Stanley — The bank stock lost 1% following a downgrade at Goldman Sachs to neutral from buy. Goldman cited Morgan Stanley's expensive valuation versus its peers as a reason for the downgrade.
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