The share price of Trump Media & Technology Group (TMTG) plummeted over 17% on Wednesday, following a widely criticized performance by Donald Trump during Tuesday night's presidential debate against Vice President Kamala Harris. Analysts suggest the stock decline reflects waning investor confidence in Trump's electoral prospects.
The share price of Trump Media plunged more than 17% on Wednesday morning, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice President Kamala Harris . The company’s stock price at the opening bell was at its lowest intraday level since the Truth Social app owner began publicly trading as DJT on the Nasdaq in late March.
Liberal and conservative 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. Harris’ team, projecting confidence, challenged Trump to another debate right after the first one ended. Trump said he may not agree to that. Trump Media had surged as much as 10% during trading Tuesday, possibly indicating optimism about how Trump would fare in the debate.
Trump Media Stock Price Presidential Debate Donald Trump Kamala Harris
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