{"id":122777,"date":"2024-11-06T17:12:53","date_gmt":"2024-11-06T10:12:53","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=122777"},"modified":"2024-11-06T17:12:53","modified_gmt":"2024-11-06T10:12:53","slug":"djt-stock-jumps-in-after-hours-trading-as-trump-gains-election-edge","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=122777","title":{"rendered":"DJT stock jumps in after-hours trading as Trump gains election edge"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Trump Media &amp; Technology Group stock (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/DJT\/\" data-ylk=\"slk:DJT;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">DJT<\/a>) surged as much as 25% before paring gains in after-hours trading on Tuesday as investors brace <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-slumps-20-over-last-5-days-to-cap-volatile-week-ahead-of-harris-trump-election-174742097.html\" data-ylk=\"slk:for more wild swings;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">for more wild swings<\/a> with Donald Trump edging ahead of Kamala Harris in the latest election results.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->All states have now closed their respective polling stations. So far, Trump has secured 248 electoral college votes, while Harris has claimed 214, according to the <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/apnews.com\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Associated Press;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Associated Press<\/a>.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->The stock had a wild session during market hours on Tuesday as trading was halted several times due to volatility, with shares quickly erasing 15% gains and reversing Monday&#8217;s <a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-braces-for-another-volatile-trading-week-amid-trump-harris-election-210058419.html\" data-ylk=\"slk:double-digit percentage rise to kick off the week;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">double-digit percentage rise to kick off the week<\/a>. Despite a recovery from steeper losses, shares still closed down a little over 1%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->The latest price action comes as investors await the results of the presidential election between the Republican nominee and his challenger.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Volatility in the stock is expected to continue as strategists categorize the stock as a binary bet on the election.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Matthew Tuttle, CEO of investment fund Tuttle Capital Management, recently told Yahoo Finance&#8217;s <a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/videos\/series\/catalysts\/\" data-ylk=\"slk:Catalysts;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Catalysts<\/a> that the trajectory of shares hinges on &#8220;a buy the rumor, sell the fact&#8221; trading strategy.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><em>Read more: <\/em><a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/personal-finance\/trump-vs-harris-banking-222339704.html\" data-ylk=\"slk:Trump vs. Harris: 4 ways the next president could impact your bank accounts;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\"><em>Trump vs. Harris: 4 ways the next president could impact your bank accounts<\/em><\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->&#8220;I would imagine that the day after him winning, you&#8217;d see this come down,&#8221; he surmised. &#8220;If he loses, I think it goes to zero.&#8221;<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Interactive Brokers&#8217; chief strategist Steve Sosnick said DJT has taken on a meme-stock &#8220;life of its own.&#8221;<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->&#8220;It was volatile on the way up, and when a stock is that volatile in one direction, it has a tendency to be that volatile in the other direction,&#8221; he said on a call with Yahoo Finance last week.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->In September, shares in the company \u2014 the home of the Republican nominee&#8217;s social media platform, Truth Social \u2014 <a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-plummets-to-new-lows-after-lockup-period-expires-174815865.html\" data-ylk=\"slk:traded at its lowest level since the company's debut;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">traded at its lowest level since the company&#8217;s debut <\/a>following the expiration of its highly publicized lockup period.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Shares <a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-extends-massive-rally-as-election-odds-shift-in-donald-trumps-favor-164614651.html\" data-ylk=\"slk:had bounced back from their lows;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">had bounced back from their lows<\/a>, though, as both domestic and overseas betting markets shifted in favor of a Trump victory.<!-- HTML_TAG_END --><\/p>\n<figure class=\"yf-8xybrv\">\n<div class=\"image-container yf-24rror loader\" style=\"--max-height: 636px;\">\n<div class=\"image-wrapper yf-24rror\" style=\"--aspect-ratio: 960 \/ 636; --img-max-width: 960px;\"><img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"FILE PHOTO: Republican presidential nominee, former U.S. President Donald Trump and Democratic presidential nominee, U.S. Vice President Kamala Harris take part in a presidential debate hosted by ABC in Philadelphia, Pennsylvania, U.S., September 10, 2024 in a combination of file photographs. REUTERS\/Brian Snyder\/File Photo\" loading=\"eager\" height=\"636\" width=\"960\" class=\"yf-24rror loader\"\/><\/div>\n<\/div><figcaption class=\"yf-8xybrv\"><!-- HTML_TAG_START -->Republican presidential nominee Donald Trump and Democratic presidential nominee Kamala Harris take part in a presidential debate hosted by ABC in Philadelphia, Pa., on Sept. 10, 2024. REUTERS\/Brian Snyder\/File Photo<!-- HTML_TAG_END -->  <span class=\"caption-separator yf-8xybrv\" data-svelte-h=\"svelte-nxhdlu\">\u00b7<\/span> <span>Reuters \/ Reuters<\/span><\/figcaption><\/figure>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Trump founded Truth Social after he was kicked off major social media apps like Facebook (<a data-i13n=\"cpos:10;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/META\" data-ylk=\"slk:META;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">META<\/a>) and Twitter, now X, following the Jan. 6, 2021, Capitol riots. Trump has since been reinstated on those platforms. He officially <a data-i13n=\"cpos:11;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-falls-after-donald-trump-returns-to-x-ahead-of-elon-musk-interview-201747189.html\" data-ylk=\"slk:returned to posting on X in mid-August;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">returned to posting on X in mid-August<\/a> after about a year&#8217;s hiatus.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->As Truth Social attempts to take on social media incumbents, the fundamentals of the company have long been in question.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->On Tuesday, DJT dropped <a data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/s3.amazonaws.com\/sec.irpass.cc\/2660\/0001140361-24-045260.htm\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:third quarter results;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">third quarter results<\/a> after the market close that revealed a net loss of $19.25 million for the quarter ending Sept. 30. This was narrower than the $26.03 million the company reported in the year-ago period.<!-- HTML_TAG_END --><\/p>\n<p><button class=\"secondary-btn fin-size-large readmore-button rounded   yf-15mk0m\" data-ylk=\"elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues\" aria-label=\"Story Continues\" title=\"Story Continues\"> <span>Story Continues<\/span> <\/button> <\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-jumps-in-after-hours-trading-as-trump-gains-election-edge-071432307.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump Media &amp; Technology Group stock (DJT) surged as much as 25% before paring gains in after-hours trading on Tuesday as investors brace for more wild swings with Donald Trump &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=122777\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-122777","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122777"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122777\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}