Trump Media Shares Experience Multiple Halts Amid DJT Stock Drop in Volatile Trading
Trump Media’s stock trading was halted twice on Thursday morning as shares saw a sharp decline amid a highly volatile market session. DJT stock, associated with the company majority-owned by former President Donald Trump, fell nearly 14% before being halted a second time at 10:04 a.m. ET.
The stock’s latest decline follows a significant drop of over 22% in Wednesday’s trading. Trump Media, the parent company of Truth Social, had recently bounced back from a major sell-off, just as the 2024 presidential election season approaches.