Trump Media slumps as Harris victory odds rise after presidential debate

[EvilEyeFleegle]

Well...it seems that at least a few have lost faith in the train wreck that is the Trump campaign:

https://www.reuters.com/world/us/trump-media-slumps-harris-victory-odds-rise-after-presidential-debate-2024-09-11/

Shares of Trump Media & Technology Group (DJT.O) fell 17% in premarket trading on Wednesday after Democratic candidate Kamala Harris extended her lead over Republican rival Donald Trump in betting odds following a combative presidential debate.
Harris put Trump on the defensive with a stream of attacks on his fitness for office, his support of abortion restrictions and his myriad legal woes, prompting a visibly angry Trump to deliver a series of falsehood-filled retorts.

After the debate, pricing for a Trump victory slipped by 6 cents to 47 cents on online betting site PredictIt, while Harris's odds climbed to 57 cents from 53 cents.
Harris's candidacy also received a boost after pop megastar Taylor Swift said she will vote for the Democratic candidate to her 280 million followers in a post on Instagram.
"The U.S. Presidential debate achieved its goal by providing a decisive edge to one of the candidates in what has been an exceptionally close race," said Charu Chanana, global market strategist at Saxo.

"The debate (was) .. further energized by Taylor Swift’s endorsement, which could boost support from women and younger voters.
Trump is the biggest shareholder in Trump Media & Technology Group (TMTG), the parent of Truth Social app, which is popular among retail traders and is often sensitive to the former president's chances of winning the 2024 U.S. election.

 

[JGalt]

Well...it seems that at least a few have lost faith in the train wreck that is the Trump campaign:

https://www.reuters.com/world/us/trump-media-slumps-harris-victory-odds-rise-after-presidential-debate-2024-09-11/

Shares of Trump Media & Technology Group (DJT.O) fell 17% in premarket trading on Wednesday after Democratic candidate Kamala Harris extended her lead over Republican rival Donald Trump in betting odds following a combative presidential debate.
Harris put Trump on the defensive with a stream of attacks on his fitness for office, his support of abortion restrictions and his myriad legal woes, prompting a visibly angry Trump to deliver a series of falsehood-filled retorts.

After the debate, pricing for a Trump victory slipped by 6 cents to 47 cents on online betting site PredictIt, while Harris's odds climbed to 57 cents from 53 cents.
Harris's candidacy also received a boost after pop megastar Taylor Swift said she will vote for the Democratic candidate to her 280 million followers in a post on Instagram.
"The U.S. Presidential debate achieved its goal by providing a decisive edge to one of the candidates in what has been an exceptionally close race," said Charu Chanana, global market strategist at Saxo.

"The debate (was) .. further energized by Taylor Swift’s endorsement, which could boost support from women and younger voters.
Trump is the biggest shareholder in Trump Media & Technology Group (TMTG), the parent of Truth Social app, which is popular among retail traders and is often sensitive to the former president's chances of winning the 2024 U.S. election.

Where are you seeing this?

 

[EvilEyeFleegle]

Where are you seeing this?

View attachment 1009658

Pre-opening quotes...we'll see when markets open~

 

[Harpy Eagle]

Where are you seeing this?

 

[JGalt]

View attachment 1009661

Oh yeah, it's really tanking.

 

[Harpy Eagle]

Oh yeah, it's really tanking.

View attachment 1009664

Yep, it sure is. Down 52% over the last 6 months and another 14% in pre-market.

 

[JGalt]

Yep, it sure is. Down 52% over the last 6 months and another 14% in pre-market.

View attachment 1009665

Stocks go up and they come down. Is this supposed to change people's vote or something?

Oooooh DJT stocks went down a little! I better vote for Harris instead.

 

[Harpy Eagle]

Stocks go up and they come down. Is this supposed to change people's vote or something?

Oooooh DJT stocks went down a little! I better vote for Harris instead.

It is not about changing people's vote, it is about the stock tanking as Trump's chance of winning in Nov goes down.

 

[Crepitus]

Well...it seems that at least a few have lost faith in the train wreck that is the Trump campaign:

https://www.reuters.com/world/us/trump-media-slumps-harris-victory-odds-rise-after-presidential-debate-2024-09-11/

Shares of Trump Media & Technology Group (DJT.O) fell 17% in premarket trading on Wednesday after Democratic candidate Kamala Harris extended her lead over Republican rival Donald Trump in betting odds following a combative presidential debate.
Harris put Trump on the defensive with a stream of attacks on his fitness for office, his support of abortion restrictions and his myriad legal woes, prompting a visibly angry Trump to deliver a series of falsehood-filled retorts.

After the debate, pricing for a Trump victory slipped by 6 cents to 47 cents on online betting site PredictIt, while Harris's odds climbed to 57 cents from 53 cents.
Harris's candidacy also received a boost after pop megastar Taylor Swift said she will vote for the Democratic candidate to her 280 million followers in a post on Instagram.
"The U.S. Presidential debate achieved its goal by providing a decisive edge to one of the candidates in what has been an exceptionally close race," said Charu Chanana, global market strategist at Saxo.

"The debate (was) .. further energized by Taylor Swift’s endorsement, which could boost support from women and younger voters.
Trump is the biggest shareholder in Trump Media & Technology Group (TMTG), the parent of Truth Social app, which is popular among retail traders and is often sensitive to the former president's chances of winning the 2024 U.S. election.

tRump got his ass kicked in no uncertain terms. The ramifications for him will be widespread and devastating.

 

[JGalt]

It is not about changing people's vote, it is about the stock tanking as Trump's chance of winning in Nov goes down.

What do you care, Garfunkle? You're running off to some foreign country, and basically don't have any skin in the game.

Do you know what a "Garfunkle" is? That's someone who bases his own contrarian political ideology on some stupid song from the 1960's...

"Sitting on a sofa on a Sunday afternoon
Going to the candidates debate
Laugh about it, shout about it
When you've got to choose
Every way you look at this, you lose"

Except this isn't the 1960's anymore, and you stand a hell of alot more to lose now.

More than you know.

 

[Harpy Eagle]

What do you care, Garfunkle? You're running off to some foreign country, and basically don't have any skin in the game.

I am here for 5 more years and even living abroad much of my finances will be tied to the US.

Do you know what a "Garfunkle" is? That's someone who bases his own contrarian political ideology on some stupid song from the 1960's...

"Sitting on a sofa on a Sunday afternoon
Going to the candidates debate
Laugh about it, shout about it
When you've got to choose
Every way you look at this, you lose"

Except this isn't the 1960's anymore, and you stand a hell of alot more to lose now.

More than you know.

We lose no matter which of the two win. There is not a winning outcome for the US between Trump and Harris.

 

[martybegan]

Well...it seems that at least a few have lost faith in the train wreck that is the Trump campaign:

https://www.reuters.com/world/us/trump-media-slumps-harris-victory-odds-rise-after-presidential-debate-2024-09-11/

Shares of Trump Media & Technology Group (DJT.O) fell 17% in premarket trading on Wednesday after Democratic candidate Kamala Harris extended her lead over Republican rival Donald Trump in betting odds following a combative presidential debate.
Harris put Trump on the defensive with a stream of attacks on his fitness for office, his support of abortion restrictions and his myriad legal woes, prompting a visibly angry Trump to deliver a series of falsehood-filled retorts.

After the debate, pricing for a Trump victory slipped by 6 cents to 47 cents on online betting site PredictIt, while Harris's odds climbed to 57 cents from 53 cents.
Harris's candidacy also received a boost after pop megastar Taylor Swift said she will vote for the Democratic candidate to her 280 million followers in a post on Instagram.
"The U.S. Presidential debate achieved its goal by providing a decisive edge to one of the candidates in what has been an exceptionally close race," said Charu Chanana, global market strategist at Saxo.

"The debate (was) .. further energized by Taylor Swift’s endorsement, which could boost support from women and younger voters.
Trump is the biggest shareholder in Trump Media & Technology Group (TMTG), the parent of Truth Social app, which is popular among retail traders and is often sensitive to the former president's chances of winning the 2024 U.S. election.

 

[cnm]

We lose no matter which of the two win. There is not a winning outcome for the US between Trump and Harris.

Yeah, the country doesn't have the balls to go for Sanders or Warren.

 

[EvilEyeFleegle]

Where are you seeing this?

View attachment 1009658

Yup...stock is in the shitter~

 

[horselightning]

harris had no victory

 

[EvilEyeFleegle]

Trump Media’s Stock Plunges After Debate

Shares of the parent company of Truth Social, which have traded like a proxy for former President Donald Trump’s election prospects, set a new low for the year.

www.nytimes.com

Wall Street gave a thumbs down to former President Donald J. Trump’s debate performance on Tuesday night, judging by trading on Wednesday in shares of his social media company.
Shares of Trump Media & Technology Group, the parent company of Truth Social, fell more than 10 percent by the market’s close on the day after the debate between Mr. Trump and Vice President Kamala Harris.
Since Trump Media’s debut on Wall Street in March, the company’s stock has traded as something of a proxy for Mr. Trump’s prospects in the November presidential election. Commentators, including members of Mr. Trump’s Republican Party, concluded that Ms. Harris put him on the defensive and provoked him into veering off message.
Shares of Trump Media, which were down as much as 15 percent on Wednesday, have fallen to their lowest level since the money-losing company went public in March, after its merger with a cash-rich shell company, Digital World Acquisition Corporation.

The stock is down more than 73 percent from its post-merger closing high.

 

[Arlette]

God has forsaken Donald Trump

 

[Rambunctious]

People are calling for an independent investigation into ABC... they want all correspondence between the moderators and the Harris campaign.... and they are not Trump people... they are media people...

 

[JoeB131]

People are calling for an independent investigation into ABC... they want all correspondence between the moderators and the Harris campaign.... and they are not Trump people... they are media people...

Which "people" are those?

Oh, they hurt Donnie's little feelings by asking him tough questions and not letting him outright lie about stuff.

 

[C_Clayton_Jones]

People are calling for an independent investigation into ABC... they want all correspondence between the moderators and the Harris campaign.... and they are not Trump people... they are media people...

Trump has only himself to blame.