Nobody wants to be stuck holding shares of Trump's twitter rip off after he loses in November, an outcome all but confirmed last night due to the former TV host and Epstein patron turned convicted felon's embarrassing debate performance

https://www.forbes.com/sites/tylerroush/2024/09/11/trump-media-shares-plummet-to-record-low-in-premarket-trading-after-debate/

Shares for Trump Media on Wednesday dropped more than 15%, falling to what would be a new record low for the stock, after Vice President Kamala Harris became the betting favorite to win the election after a debate with former President Donald Trump, the majority stakeholder in the Truth Social parent.

Key Facts

Trump Media and Technology Group shares fell below $15.75 as of around 9:50 a.m. EDT, pacing the stock’s record low price of $16.70 set on Sept. 4.

Trump faced off in his second debate of the 2024 election and his first against Harris on Tuesday, and several bookmakers favored Harris’ performance: The Election Betting Odds tracker, which consolidates odds from four separate markets, suggests Harris has a 51.8% chance of winning and the crypto platform Polymarket—which previously favored Trump—has both candidates with a 49% chance.

The value of Trump’s roughly 60% stake—totaling 78.75 million shares—dropped to $1.2 billion from $1.4 billion.