Shares of Trump Media continued to sink on Thursday, closing at a fresh low, following Tuesday's presidential debate between its majority shareholder, former President Donald Trump and Democratic Vice President Kamala Harris.
Shares of the Truth Social owner, which trade under the ticker "DJT," are down nearly 14% since the debate Tuesday night in Philadelphia, hosted by ABC News.
But the slide in Trump Media shares — which often rise and fall in line with Trump's political fortunes — suggests that investors may not be convinced that Trump won the debate.
In a Thursday afternoon post on Truth Social, the Republican nominee announced he would not be doing another debate.
Shares of Trump Media are down about 60% since their most recent surge in July, after failed assassination attempt on Trump.
Persons:
Donald Trump, Kamala Harris, Harris, Trump, —, Thursday's
Organizations:
Trump Media, Democratic, Nasdaq, ABC News, Democrat, Republican, Trump
Locations:
Philadelphia, Tuesday's