Trump Media Stock Fluctuates Amid Election Day Speculation
TL;DR
Shares of Trump Media & Technology, the operator of Truth Social, surged on Election Day as traders speculated that a potential Trump presidency could boost the company's prospects. The stock, trading under the ticker DJT, rose about 8% in morning trading, despite a recent 33% drop. The stock has been popular among retail traders and discussed on WallStreetBets, reminiscent of the GameStop trading frenzy. Meanwhile, polls show Trump and Kamala Harris are tied in voter support.
- Trump Media stock jumps on Election Day as traders bet Truth Social will benefit from his potential win CNBC
- Trump loses $2.4 billion in net worth after his social media stock implodes right before the election CNN
- Trump Media stock surges 12% as polls open on Election Day Quartz
- Donald Trump’s Net Worth Has Doubled In October To $8 Billion As Trump Media Stock Skyrockets Forbes
- Forget polling: Here’s what Wall Street, betting markets, and economic models say about the election The Boston Globe
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