Former US President and Republican presidential candidate Donald Trump walks away during a commercial break as US Vice President and Democratic presidential candidate Kamala Harris take notes during a presidential debate at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024.
The share price of Trump Media plunged more than 14% before the opening bell Wednesday, a day after its majority shareholder Donald Trump delivered a widely panned presidential debate performance against Vice President Kamala Harris.
Investing in the Truth Social maker's stock has come to be seen as a way to bet on the political fortunes of Trump, the Republican presidential nominee.
Harris' team, projecting confidence, immediately challenged Trump to another debate after the first one ended.
Trump Media, which trades as DJT on the Nasdaq, had surged as much as 10% in intraday trading Tuesday, possibly indicating optimism about how Trump would fare in the debate.
Persons:
Donald Trump, Kamala Harris, weren't, Harris, Trump
Organizations:
Republican, Democratic, National Constitution Center, Trump Media, Trump, Nasdaq
Locations:
Philadelphia , Pennsylvania, Philadelphia