U.S. Stock Market News | Trump Media & Tech Group Plunges 16%, Marking the Largest Decline Since June
On Wednesday, Trump Media & Tech stock price fell, with the stock dropping over 15% to $15.78 as of the time of writing. At the opening, it plummeted by 16%, marking the largest decline since June. On the news front, the Democratic presidential candidate and Vice President Harris and the Republican presidential candidate and former President Trump held their first televised debate in Philadelphia. It is reported that traders are further closing positions related to bets on Donald Trump winning the election, with market observers believing that Tuesday night's debate increased the likelihood of Kamala Harris winning. Betting website PredictIt shows that the probability of the Democratic candidate winning the election has risen from 53% before the debate to 56%
According to the Wise Finance app, on Wednesday, the stock price of Trump Media & Tech (DJT.US) fell, with the stock dropping over 15% to $15.78 as of the time of writing. At the opening, it plummeted by 16%, marking the largest decline since June. On the news front, the Democratic presidential candidate and Vice President Harris, along with the Republican presidential candidate and former President Trump, held their first televised debate in Philadelphia. It is reported that traders are further closing positions related to bets on Donald Trump winning the election, with market observers believing that Tuesday night's debate increased the likelihood of Kamala Harris winning. Betting website PredictIt shows that the odds of the Democratic candidate winning the election have risen from 53% before the debate to 56%