Key Takeaways
- Trump Media & Technology Group's stock tumbled after Tuesday night's debate between the former president and Vice President Kamala Harris.
- The stock is extending its recent stretch of losses that have dropped it to its lowest point since before the merger that took Trump Media public.
- Trump Media shares were 17% lower soon after the opening bell Wednesday.
Shares of Trump Media & Technology Group (DJT) tumbled Wednesday morning following 澳洲幸运5官方开奖结果体彩网:the presidential debate between 澳洲幸运5官方开奖结果体彩网:Vice President Kamala Harris and former 澳洲幸运5官方开奖结果体彩网:President Donald Trump.
Tuesday night's debate was the first between the candidates since Harris took over the campaign from President Joe Biden and became the Democratic nominee at the party's convention last month.
Trump Media Extends Recent Slide
Trump Media shares were 17% lower at $15.39 soon after the opening bell Wednesday, extending a recent pullback that has sent the stock to its lowest point since before the 澳洲幸运5官方开奖结果体彩网:company merged with 澳洲幸运5官方开奖结果体彩网:Digital World Acquisition Corp. (DWAC) and 澳洲幸运5官方开奖结果体彩网:went public in March.
Trump Media's 澳洲幸运5官方开奖结果体彩网:meme stock-like peaks and valleys that were cꦫommon in the months after merging with DWAC and becoming a public c🎃ompany have faded in recent weeks, with the stock trending consistently lower since mid-July.
Another factor that could be impacting Trump Media stock is that pop superstar 澳洲幸运5官方开奖结果体彩网:Taylor Swift officially endorsed the Harris campaign following the debate.
UPDATE—This ꦿstory has been updated with the latest share price.💙