2 Stocks That Plummeted During President Trump’s First 100 Days in Office, and Where They Could Be Headed
From Nasdaq: 2025-05-15 04:55:00
President Donald Trump’s first 100 days in office saw the S&P 500 and Nasdaq Composite drop by 7% and 11%, respectively. Various factors such as AI competition, geopolitical tensions, and tariffs have affected capital markets this year.
During Trump’s first 100 days, Tesla stock plummeted by 31% due to backlash related to CEO Elon Musk’s involvement in the Department of Government Efficiency program. However, the stock has rebounded by 9% since then, rejoining the trillion-dollar market cap club.
Eli Lilly stock rose by 22% during Trump’s first 100 days, despite facing pressure and a potential sell-off due to Trump’s tariff agenda on pharmaceuticals. The company remains diversified and global, with potential headwinds from executive actions and market uncertainty.
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