Tuesday, November 5, 2024

Trump Stock Trading Halted Twice as Wall Street Begins Sell Off in Anticipation of Election Loss

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For a few minutes today, Trump Media stock shot up to $40 today. That was at 10am.

But then the drop started. Trading was halted twice. Trump Media closed at $33.94 after falling to $32.32.

Investors started a sell off, likely connected to their information that the stock won’t be worth much tomorrow if Trump loses the election.

It’s a no confidence vote for Trump several hours before polls close. Investors smell failure.

Stay tuned…

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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