Trump Media & Technology Group falls 6.7% premarket as midterm elections prompt reassessment of the “Trump trade”
On November 4, Sina Finance reported that Trump Media & Technology Group (DJT.O) fell 6.7% premarket. It closed up 5.12% at $5.95 on the previous trading day (November 3), giving it a market capitalization of $1.657 billion.
According to Zhitong Finance, media forecasts point to a historic Democratic victory in the midterm elections, with the party regaining control of the House of Representatives and flipping Senate seats in several key states. Investors are reassessing the “Trump trade.”