DJT Experiences Significant Decline Amid Poll Results

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Nov 01, 2024

On Friday, shares of Trump Media & Technology Group (DJT, Financial) experienced a sharp decline, extending losses to more than 8% as they dropped to $32.25. Since reaching their peak in October, the company's stock has pulled back significantly by 31%.

The downturn in DJT's stock value coincides with a recent poll showing a tight race between U.S. Vice President and Democratic presidential candidate Kamala Harris and former President and Republican presidential candidate Donald Trump. The poll indicates Harris leads by a marginal 1%, with 10% of voters indicating potential shifts in their preferences before the election.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.