Trump Media Stock Faces Volatility with Election Day Halts

Trump Media stock, trading under DJT, experienced significant volatility on Election Day, leading to three trading halts as its price dropped 15% in just 15 minutes. The stock, which is closely tied to former President Donald Trump's political fortunes, opened at $37 and briefly rose above $40 before the rapid decline. The trading halts were triggered by excessive volatility, with 143 million shares traded by late afternoon. The stock's movements have been influenced by Trump's election prospects, with recent trading activity reflecting high investor interest and speculation.