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Yo_Mama_Been_Loggin

(115,611 posts) Tue Nov 5, 2024, 05:44 PM Nov 5

Trump Media Shares Halted Amid Dramatic Election Day Selloff

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

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Trump Media Shares Halted Amid Dramatic Election Day Selloff (Original Post) Yo_Mama_Been_Loggin Nov 5 OP

Tomorrow's trading should be interesting! OAITW r.2.0 Nov 5 #1

Elon Wants an Orange Pumpkin for Thanksgiving NonPC Nov 5 #2

Will they ride their investment to 0? Probably, it's play money for these guys. OAITW r.2.0 Nov 5 #3

Good. Let them lose their money. SergeStorms Nov 5 #4

It has to be play money to invest in such a lousy stock mdbl Nov 5 #7

I luv this for them! PortTack Nov 5 #5

Rats jumping from the sinking ship. nt SunSeeker Nov 5 #6

OAITW r.2.0

(28,437 posts)

1. Tomorrow's trading should be interesting!

Reply to Yo_Mama_Been_Loggin (Original post)

Tue Nov 5, 2024, 06:01 PM

Nov 5

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

NonPC

(405 posts)

2. Elon Wants an Orange Pumpkin for Thanksgiving

Reply to OAITW r.2.0 (Reply #1)

Tue Nov 5, 2024, 06:16 PM

Nov 5

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

OAITW r.2.0

(28,437 posts)

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

Reply to NonPC (Reply #2)

Tue Nov 5, 2024, 06:37 PM

Nov 5

SergeStorms

(19,312 posts)

4. Good. Let them lose their money.

Reply to NonPC (Reply #2)

Tue Nov 5, 2024, 06:41 PM

Nov 5

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.).