Trump Media Stock Suffers Post-Debate Dip

Published SEP 11 2024

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Image credit: Michael M. Santiago/Staff/Getty Images News via Getty Images

The Spin

You can add this drop in the stock price of Trump's company to the many barometers showing how poorly he did in the debate. From the outset, this stock has varied alongside his popularity, and clearly his supporters weren't happy with how he fared. This is bad news politically and monetarily for Trump, who is in the midst of any number of schemes to raise money while facing down debt and legal bills.

The New Republic

If ever we needed evidence that what's good for Harris and the Democrats is bad for our nation, this proves it. After Harris allegedly won the debate, the reality of her economy-killing tax policies — raising taxes on corporate profits, unrealized capital gains, and the incomes of wealthy Americans — settled in and spooked the stock market. A Harris presidency will be bad news for the US economy.

Breitbart

Metaculus Prediction

There's a 50% chance that the highest closing price of Trump Media & Technology Group on any day between April 14, 2024 and Election Day will be $56.31, according to the Metaculus prediction community.