The article discusses the decline in shares of Trump Media following the presidential debate between former President Donald Trump and Democratic Vice President Kamala Harris. Here are 3 highlights from the article:
1. Trump Media’s stock fell 3.6% and closed at $16.07 per share, marking its lowest close since the company’s public trading debut in March on Nasdaq.
2. The stock is down nearly 14% since the debate on Tuesday night in Philadelphia, hosted by ABC News, where the Harris campaign claimed victory, in contrast to Trump’s claims.
3. The decline in Trump Media shares, closely tied to Trump’s political fortunes, raises doubts among investors about the perceived winner of the debate.
In summary, the article highlights the correlation between the performance of Trump Media’s stock and Trump’s political standing, as evidenced by the stock’s recent downward trend following the presidential debate.
Editorial content by Avery Redwood
