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Trump Media shares fall nearly 10% after DJT plunge triggers trading halt
Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.
Trump Media shares closed down nearly 10% Tuesday, after a wild trading session that was briefly halted due to volatility when the Truth Social owner's stock suddenly plunged in price. The previous busiest trading day was July 15, the first session after the company's majority owner, Republican presidential nominee Donald Trump, narrowly survived an assassination attempt at a campaign rally in Pennsylvania. Many of Trump Media's retail investors are fans of the former president, and analysts suggest they are often buying and selling the stock as a way to support him or bet on his chances of beating Democratic nominee Kamala Harris.
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