澳洲幸运5官方开奖结果体彩网

Trump Media Stock Had a Wild Week

Former President Donald Trump in North Carolina on Wednesday.
Former🍸 President Donald Trump in North Carolina on Wednesday.

Chip Somodevilla / Getty Images

Key Takeaways

  • Shares of Trump Media & Technology Group, majority owned by former President Donald Trump, the Republican nominee, finished Friday in the red.
  • They’ve this week risen as high as 40% above last Friday’s close near $39 and slid more than 20% below it.
  • That's meant big swings in the market value of Trump's majority stake, which nevertheless is worth billions of dollars.

澳洲幸运5官方开奖结果体彩网:

The last days of the U.S. presidential campaign have been plenty dramatic for the candidates–and for the stock linked with their politi🅺cal—and, partly, personal—fortunes. 

Shares of Trump Media & Technology Group (DJT), majority owned by former President Donald💧 Trump, the Republican nominee, finished today's session down 13% to less than $31. They’ve this week risen as high as 40% above last Friday’s close near $39 and fallen more than 20% below it, meaning big swings in the market value of Trump's majority stake, which nevertheless is worth billions of dollars.

And that’s on little in the way of actual news about the company, which operates the Truth Social platform. Instead, traders have seized on the story as a way to wager the outcome of the presidential election, seen broadly as a race between Trump and Democratic Vice President Kamala Harris. (There was at least one interesting report Friday: The New York Post said some investors believe Tesla (TSLA) CEO and X owner Elon Musk the company.)

Polls generally point toward a close contest ahead of Election Day. On some prediction markets, speculators seem to more strongly believe in the likelihood of a Trump win: On Polymarket, for example, traders have generally backed a more-than-60% likelihood of a Trump victory for most of this week; those odds were a bit lower on some other platforms. (Here's Investopedia's 澳洲幸运5官方开奖结果体彩网:guide to elections betting,)

Meanwhile, Trump Media shares have moved dramatically, with trading in the stock subjected to v🍸olatility-based halts multiple times this week. At one point, the shares traded at levels not seen since the high-flying days after their debut on public markets earlier this year. 

Fo෴r now, they’re back around July levels after climbing o🌳ff September lows.

Update: This article has been updated to reflect fresh share price information and to incorporate the New York Post article.

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  2. Kalshi. "."

  3. Polymarket. "."

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