Trump Media shares sink to new post-merger low after presidential debate

  • 📰 CNBC
  • ⏱ Reading Time:
  • 37 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 72%

Government And Politics News

Kamala Harris,Donald Trump,Trump Media & Technology Group Corp

Republican nominee Donald Trump is the majority owner of Trump Media, which operates the social media platform Truth Social and trades as DJT on the Nasdaq.

The stock price of Trump Media plunged to its lowest level since the company began publicly trading as DJT on the Nasdaq.

Trump Media has said its business hinges at least partly on Trump's popularity, and analysts say the company's value will rise or fall based on his electoral prospects.The stock drop Wednesday could signal that some Trump's supporters were not pleased with what they saw at Tuesday night's debate in Philadelphia.political commentators said Harris appeared more prepared, articulate and even-keeled than Trump, who repeatedly bit on bait that she tossed to throw him off topic.

Trump tells Republicans to shut down government if hardline voter ID bill gets cut from spending billJoe Biden It is unclear if Trump plans to start selling off his stake when a lock-up agreement lifts on Sept. 19.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines