With hours to go before polls close Tuesday (and some longer number of hours until Americans know who the next president will be) traders are betting on Trump—or, at least, his social-media company's stock.
Trump Media's stock was rising above a level that suggests investors are expecting former President Trump to win the election.
On the day of voting for the next US president, shares in Donald Trump's media firm Trump Media & Technology Group Corp continued to recover from their recent lows. After rising over 12% to $34.34 as the election campaign drew to a close on Monday, the stock added almost another 9% to top $37 in pre-market trading on Tuesday ahead of a busy day for polling stations.
The stock, which trades under the ticker DJT, has whipsawed over the past few weeks.
Improving poll numbers for Trump boosted the stock.
Shares of Trump Media & Technology Group Corp. were surging 11.4% Monday, on the eve of the presidential election.
The 2024 U.S. Presidential election is tomorrow, and Trump Media & Technology Group Corp (NASDAQ:DJT) continues to be a focus for investors.
One day before millions of Americans will take to the polls to vote in the most contentious election in modern U.S. history, shares in former president Donald Trump's media company, Trump Media & Technology Group Corp. (Nasdaq: DJT), are falling for the second trading day in a row. Here's what you need to know about DJT's stock slump and what it may mean for the election.
Shares in the Truth Social parent are likely to swing wildly, with just one day left until Americans take to the polls.
Trump Media's roller-coaster share price has served as something of a proxy for Republican presidential candidate Donald Trump's chances of election. Now traders are finally at their day of reckoning.
There are four reasons DJT fell $20 (40%) last week:
The last days of the U.S. presidential campaign have been plenty dramatic for the candidates–and for the stock linked with their political—and, partly, personal—fortunes.