{"id":2339694,"date":"2024-09-11T12:13:00","date_gmt":"2024-09-11T16:13:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-media-stock-dropped-10-following-debate-washington-examiner\/"},"modified":"2024-09-11T12:15:15","modified_gmt":"2024-09-11T16:15:15","slug":"trump-media-stock-dropped-10-following-debate-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-media-stock-dropped-10-following-debate-washington-examiner\/","title":{"rendered":"Trump Media stock dropped 10% following debate &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-media-stock-dropped-10-following-debate-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2339694&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fact-check-does-this-photo-show-the-monster-building-in-hong-kong-with-hundreds-of-floors\/\" title=\"FACT CHECK: Does This Photo Show The Monster Building In Hong Kong With Hundreds Of Floors?\">article reports<\/a> that Trump Media &#038; Technology Group&#8217;s stock \u2063experienced a 10% decline following former President Donald Trump&#8217;s performance in a debate.\u200c In premarket trading, the stock was noted to have fallen\u2062 significantly, already \u200dbeing down 76% from its\u2064 peak value of over\u2062 $60 reached in April. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/heritages-project-2025-a-socially-conservative-plan-for-us-national-security\/\" title=\"Heritage&#039;s Project 2025: A conservative approach to US national security.\">decline highlights<\/a> the\u2062 volatility of \u200dTrump&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trumps-truth-social-bettors-have-made-more-than-200-million-shorting-stock\/\" title=\"Investors in Trump&#039;s Truth Social platform have profited over 0 million by shorting stocks\">media company shares<\/a> \u200bin the wake of his public \u200bappearances\u2062 and their impact on investor confidence.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump Media stock dropped 10% following debate<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1758438\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><a href=\"http:\/\/washingtonexaminer.com\/tag\/truth-social\/\" target=\"_blank\" rel=\"noopener\" title>Trump Media<\/a> took a 10% hit after former President <a href=\"http:\/\/washingtonexaminer.com\/tag\/donald-trump\" target=\"_blank\" rel=\"noopener\" title>Donald Trump<\/a>&lsquo;s <a href=\"http:\/\/washingtonexaminer.com\/tag\/debates\/\" target=\"_blank\" rel=\"noopener\" title>debate<\/a> performance on Tuesday, according to premarket trading.<\/p>\n<div class=\"article-paywall\">\n<p>The Trump Media &amp; Technology Group stock was already a fraction of the heights achieved in April &mdash; on debate day it was down 76% from its peak when shares were well over $60. It has been volatile ever since, falling and rising to significant heights. The most recent noticeable stumble was Wednesday, when it opened at over 10% less than the day prior.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">The download screen for the Truth Social app is seen on a laptop computer on March 20, 2024, in New York. (AP Photo\/John Minchillo)<\/figcaption><\/figure>\n<p>The lower showing was likely a result of Trump&rsquo;s polarizing <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/book-donald-trump-tested-positive-later-negative-for-coronavirus-before-first-presidential-debate\/\" title=\"Book: Donald Trump Tested Positive (Later Negative) for Coronavirus Before First Presidential Debate\">debate performance<\/a> on Tuesday night, his first against Vice President Kamala Harris.<\/p>\n<p>The stock value has been steadily declining for weeks in anticipation of the Sept. 19 expiration date of the clause preventing Trump from selling his shares.<\/p>\n<p>Trump owns 115 million shares of the stock, about 60% of the stake. At its April peak, his stake was valued at $6 billion. Currently, it&rsquo;s worth roughly $2 billion.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\" title><strong><\/strong><\/a><\/p>\n<p>If Trump were to sell his stock, he would risk alienating 600,000 individual stockholders, most of them likely supporters.<\/p>\n<p>The last major spike of the Trump Media stock was in July after the assassination attempt on him at a rally in Butler, Pennsylvania.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1758438\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1758438\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump Media&#8217;s stock fell by 10% after former President Donald Trump&#8217;s debate performance on Tuesday, as indicated by premarket trading. The Trump Media &amp; Technology Group&#8217;s shares were already significantly lower than their April highs, being down 76% from the peak when they exceeded $60. The stock has experienced considerable volatility since then, with a notable decline occurring on Wednesday when it opened more than 10% lower than the previous day. This drop is likely attributed to Trump&#8217;s divisive debate performance against Vice President Kamala Harris. In recent weeks, the stock value has been steadily decreasing in anticipation of the September 19 expiration of a clause that prevents Trump from selling his shares. He holds approximately 115 million shares, which constitutes about 60% of the company. At its peak in April, his stake was valued at $6 billion; it is now worth around $2 billion. If Trump were to sell his shares, he could risk alienating around 600,000 individual shareholders who are likely supporters. The last significant increase in Trump Media&#8217;s stock occurred in July following an assassination attempt against him during a rally in Butler, Pennsylvania<\/p>\n","protected":false},"author":2653,"featured_media":2339695,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/06\/Wall-Street-ESG-Investing-Texas--scaled-1024x683.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[3896,36435,35247,35133,40233],"class_list":["post-2339694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-debate","tag-financial-news","tag-media-industry","tag-stock-market","tag-trump-media"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/06\/Wall-Street-ESG-Investing-Texas--scaled-1024x683.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2339694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2339694"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2339694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2339695"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2339694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2339694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2339694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}