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calguy

(6,154 posts)
Wed Sep 11, 2024, 09:13 AM Sep 2024

Trump Media shares plunge premarket after GOP nominee's debate with Harris

The share price of Trump Media plunged more than 14% before the opening bell Wednesday, a day after its majority shareholder Donald Trump delivered a widely panned presidential debate performance against Vice President Kamala Harris.

Investing in the Truth Social maker’s stock has come to be seen as a way to bet on the political fortunes of Trump, the Republican presidential nominee.

The steep stock decline on the heels of the debate could signal that some of Trump’s supporters weren’t pleased with what they saw on Tuesday night.

Both liberal and conservative political commentators said Harris appeared more prepared, articulate and even-keeled on the Philadelphia stage than Trump, who repeatedly bit on bait she tossed to throw him off topic.

Harris’ team, projecting confidence, immediately challenged Trump to another debate after the first one ended.

Trump said he may not agree to another one.

https://www.cnbc.com/2024/09/11/djt-trump-media-stock-debate-harris.html

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