Vice President Kamala Harris became the betting favorite to win the election after a debate with the former president.
Topline
Shares for Trump Media on Wednesday dropped more than 15% in premarket trading, falling to what would be a new record-low for the stock, after Vice President Kamala Harris became the betting favorite to win the election after a debate with former President Donald Trump, the majority stakeholder in the Truth Social parent.Key Facts
Trump Media and Technology Group shares fell below $16 as of around 9:10 a.m. EDT, pacing the stock’s record-low price of $16.70 set on Sept. 4.
Trump faced off in his second debate of the 2024 election and his first against Harris on Tuesday, and several bookmakers favored Harris’ performance: The Election Betting Odds tracker, which consolidates odds from four separate markets, suggests Harris has a 51.
