Donald Trump’s social media company, Trump Media & Technology Group (DJT), experienced significant fluctuations before ultimately closing down 1.16%.
On Tuesday, DJT shares ended at $33.94 on the New York Stock Exchange, a 1.16% decrease from the previous trading day.
Throughout the trading session, DJT’s stock price surged over 10% at one point before dropping approximately 3%.
After these dramatic swings, DJT finished slightly lower. The volatility continued in after-hours trading.
The previous day, DJT had surged 12.37% to close at $34.34.
This followed a tumultuous weekend in which DJT’s stock dropped 13.53% on November 1, marking three consecutive days of double-digit losses. Analysts attributed the downturn to a late surge in support for the Democratic candidate Kamala Harris.
However, DJT rebounded strongly the following day, as experts still viewed Trump as the frontrunner despite Harris’s late surge in the polls.
On Election Day, DJT saw a modest decline. However, despite this slight dip, DJT’s stock has nearly doubled in value since the beginning of the year.