Trump Media and Technology Group shares fell sharply after the former president's debate with Vice President Kamala Harris.
Shares of the media business controlled by Donald Trump tumbled Wednesday, with investors appearing to downgrade the former president's chances of winning the U.S. presidential election following his debate with Vice President Kamala Harris .
In an even more dramatic example how the company's fortunes seem tied to Trump's fate, Trump Media's stock soared more than 40% after he survived an assassination attempt on July 13. Polls at the time also gave him the edge in the presidential race.On paper, DJT's precipitous drop has lopped billions off Trump's personal wealth. His stake in Trump Media, once valued at roughly $6 billion when the company's shares were riding high, is now worth less than $2 billion.
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