Trump Media Stock Soars Amid Election Day Speculation
TL;DR Summary
DJT stock surged by 15% as Election Day began, recovering from a 20% decline last week. The stock's performance is closely tied to the presidential election between Donald Trump and Kamala Harris, with investors anticipating continued volatility. Some analysts warn that a Trump loss could cause the stock to plummet to zero, while others note its meme-stock characteristics. Betting markets and polls show a tight race, influencing the stock's recent fluctuations.
- DJT stock surges by double digits as Election Day kicks off Yahoo Finance
- Trump Media’s Stock Is Set for Even Wilder Ride After the Election The New York Times
- Trump’s social media stock spikes as America goes to the polls CNN
- Trump Media stock jumps 14% on Election Day as traders bet Truth Social will benefit from his potential win CNBC
- Forget polling: Here’s what Wall Street, betting markets, and economic models say about the election The Boston Globe
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