Trump Media Shares Halted Amid Dramatic Election Day Selloff

[Yo_Mama_Been_Loggin]

Source: The Daily Beast

Shares were briefly halted for Donald Trump’s media company, Trump Media & Technology Group, Tuesday afternoon after an apparent selloff took place.

The stock, which has been particularly volatile since it went public this summer, saw a sharp drop in price from $39.76 to $32.92 between 2:10 and 2:55 p.m. EST on Election Day.

The company, which operates Truth Social, saw its share price slightly rebound not long after sales were halted. Experts have said the stock will likely remain erratic throughout Election Day as the company’s relevance is largely reliant on Trump’s personal successes as the most prominent figure on Truth Social.

Trump’s company, which uses the ticker symbol DJT and is based out of Florida, suffered its largest percentage decline last week, taking off around $4 billion from its market cap, reported Yahoo! Finance.

Read more: https://www.msn.com/en-us/money/markets/trump-media-shares-halted-amid-dramatic-election-day-selloff/ar-AA1tzdYF

[OAITW r.2.0]

1. Tomorrow's trading should be interesting!

Assuming Trump gets smoked tonight, what's the point of holding this loser stock?

[NonPC]

2. Elon Wants an Orange Pumpkin for Thanksgiving

Supposedly Elon and Peter and a few other Billionaire thugs were propping up the price.

[OAITW r.2.0]

3. Will they ride their investment to 0? Probably, it's play money for these guys.

[SergeStorms]

4. Good. Let them lose their money.

It's a shit stock anyway. It's never turned a profit and after tonight it should be totally worthless. 😁 Nothing, I repeat, NOTHING would make me happier (except for winning both Houses of Congress as well.).

[mdbl]

7. It has to be play money to invest in such a lousy stock

They are just going to take whatever money small investors put into it.

[PortTack]

5. I luv this for them!

[SunSeeker]

6. Rats jumping from the sinking ship. nt