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Trump Media stock drops 7% after Democrats win midterms, reflecting political risks.

Market News
04 Nov 2026, 14:17 WIB
Finbold
View Source
Bearish
Trump Media stock drops 7% after Democrats win midterms, reflecting political risks.

Trump Media & Technology Group's stock fell about 7% in pre-market trading following a decisive Democratic victory in the U.S. midterm elections, signaling investor concerns over reduced political influence for Donald Trump. The company's value is closely tied to Trump's political standing, and the election outcome could hinder policy advances that support the business. Additionally, Trump Media reported a significant net loss and low revenue in Q2 2026, highlighting commercial challenges. The broader market showed resilience, and the company awaits regulatory approval for a merger with TAE Technologies, with Q3 earnings due next week as a key upcoming event.

Trump Media and Technology Group Corp (DJT) is trading at USD 5.29 on Pluang as of Nov 04, 2026 19:12 WIB. The stock shows a 1-day decline of 11.09% with a market cap of $1.65 billion. Pluang order activity is currently 100% sell, reflecting investor caution following the election results.

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