- Nov 2, 2017
- 16,592
- 9,593
Well...it seems that at least a few have lost faith in the train wreck that is the Trump campaign:
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.
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.
