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Pressed Trump Stock Continued Downward

Published: 16 September 2024
Pressed Trump Stock Continued Downward
Photo: Terry Renna/AP/TT

After the shooting drama at a golf course in Florida, the stock in presidential candidate Donald Trump's media company Trump Media & Technology rose in Monday's trading on Wall Street. But when the stock exchange closed for the day, the stock had fallen 3.8 percent.

The Trump Media stock surged strongly on Friday – up 12 percent to almost 18 dollars – since former President Trump declared that he had no plans to sell his share in the company when the six-month ban on such a sale is lifted at the end of this week.

But the Trump Media stock has been heavily pressured since its stock market introduction in March when it cost over 79 dollars. Now it is down to just over 17 dollars.

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By TTThis article has been altered and translated by Sweden Herald

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