Nandini Roy Choudhury, writer
Brief news
- Trump Media shares fell over 4% following an assassination attempt on Donald Trump at a Florida golf course.
- The stock briefly rose before declining, trading around $17.23 per share.
- Trump expressed gratitude for support after the incident, marking his second assassination attempt in two months.
Detailed news
One day after Donald Trump, the company’s majority shareholder, was unharmed in an attempted assassination attempt on a Florida golf course, shares of Trump Media experienced a decline on Monday.
Before midmorning, the stock, which is traded under the symbol “DJT,” experienced a modest increase before plummeting by over 4%. At 11:00 a.m. ET, Trump Media was trading at approximately $17.23 per share.
After observing a rifle near the property line of Trump’s golf course in West Palm Beach, where the Republican nominee for president was playing a round, U.S. Secret Service agents opened fire on an individual shortly before 2 p.m. on Sunday.
Subsequently, Ryan Wesley Routh, 58, was apprehended by authorities after he fled the scene. On Monday, he appeared in federal court for the first time while in custody.
The agents promptly relocated Trump to a secure location upon hearing gunfire.
“I am grateful to all of you for your well-wishes and concern. The day was certainly captivating!” Donald Trump published a post on the social media application Truth Social, which is the flagship product of Trump Media, late Sunday night.
The endeavor Two months and two days had passed since Trump’s survival of an assassination attempt at a campaign rally in Butler, Pennsylvania on July 13.
Trump Media’s shares experienced a significant increase on the first day of trading following the Butler murder, ultimately concluding at a gain of over 30% on July 15.
Source : CNBC News
