Former President Donald Trump’s Trump Media and Technology (DJT) company began trading on the NASDAQ stock exchange in the spring and immediately shot up in initial trading. But, the following Monday saw the stock sharply fall after some negative financial disclosures, then rallied somewhat, but has now fallen sharply again as Vice President Kamala Harris gains in the polls, and after Trump made an ostentatious return to X/Twitter.
On top of that, last week Truth Social’s co-founders sold off about $100 million of their stock, and the date on which Trump can sell his shares is approaching. For weeks the stock sat just above its all-time low, with a share price slightly north of 16 bucks.
But on Monday’s edition of CNN News Central, Egan and Bolduan marveled at the stock’s resurgence amid a tightening race between Trump and Harris — a boom Egan says will bust if Trump loses.
Join the conversation as a VIP Member