Negative: Donald Trump's stock market sentiment indicator signals he lost the presidential debate.
From Investor’s Business Daily.: 2024-09-12 07:15:01
Shares of Truth Social-parent Trump Media & Technology (DJT) plummeted following the presidential debate between Donald Trump and Kamala Harris, with DJT stock continuing to decline early Thursday. Pundits gave the edge to Harris in the ABC-hosted debate, which could explain the downward move in DJT stock. Before the debate, DJT shares had gained nearly 9% this week, but have since fallen significantly. Truth Social was launched after Trump’s Twitter account was shut down, and the stock value is closely tied to the former president. DWAC took Trump Media public, but DJT shares have dropped about 70% since their conversion.
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