DJT stock’s sudden crash wipes out $2.4 billion from Donald Trump’s wealth in just 3 days
Science & Technology

DJT stock’s sudden crash wipes out $2.4 billion from Donald Trump’s wealth in just 3 days

Technology tamfitronics The recent collapse in shares of Trump Media and Technology Group, the parent company of Truth Social, has ravaged Donald Trump’s net worth.He owns the majority of its shares, which trade under the ticker DJT, and the stock has been a barometer of the former president’s prospects this election cycle. It soared as polls began tilting his way through most of October.On Tuesday, shares were so high that Trump Media’s market cap hit $10.8 billion, exceeding Elon Musk’s social media platform X, which has an estimated value of $9.4 billion.But the next day, DJT shares began selling off, with volatility so extreme that trading was halted several times. By the end of the session, the stock had tumbled 22%, marking the biggest single-day plunge since Trump Media went public in March.Shares fell 12% on...
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