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Trump Media plummets 22%, reducing into DJT rally days prior to election

Trump Media plummets 22%, reducing into DJT rally days prior to election
October 30, 2024



Aytac Unal/ | Anadolu | Getty ImagesShares of Trump Media dropped greater than 22% Wednesday, pouring chilly water on a outstanding rally that added billions of greenbacks to former President Donald Trump’s on-paper internet value within the runup to the 2024 election.DJT inventory, which closed at $51.51 in step with proportion on Tuesday, used to be buying and selling underneath $40 round midday ET Wednesday.Trump, the Republican presidential nominee, owns just about 57% of the corporate, in step with fresh regulatory filings.His stake as of noon Wednesday used to be value round $4.5 billion, just about $1.4 billion not up to the place it stood Tuesday afternoon.Trump has vowed to not promote his stocks.Inventory Chart IconStock chart iconTrump Media plummets 22%, reducing into DJT rally days prior to electionTrump Media (DJT) Inventory PriceThis is creating information. Please take a look at again for updates.Learn extra CNBC politics protection

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