Trump Media & Technology GroupNASDAQ: DJT

The last days of the U.S. presidential campaign have been plenty dramatic for the candidates–and for the stock linked with their political—and, partly, personal—fortunes.

The last days of the U.S. presidential campaign have been plenty dramatic for the candidates–and for the stock linked with their political—and, partly, personal—fortunes.

Trading in the Truth Social parent's stock was halted multiple times on Thursday, with shares swinging wildly in the run-up to Nov. 5.

Shares of Trump Media & Technology Group had their worst day ever on Wednesday, plunging 22% and costing top shareholder and former President Trump more than $1 billion in net worth.

Trump Media was halted as shares rapidly dropped at the start of another volatile trading session. DJT stock was down nearly 14% when it was halted due to volatility for the second time.

DJT's rapid 300% runup on 1.3B share volume just met its match: The stout $50 barrier. As a meme stock, it is driven by social media popularity with a simple rationale: The Trump brand link to Donald Trump's possible election win.

Shares of Trump Media & Technology Group Corp. are tumbling more than 16% Wednesday, putting the stock on pace to snap its latest rally.

The price fluctuations have little to do with the company's fundamentals–its sales are miniscule for a company of its market value.

Shares of Trump Media plummeted in intraday trading, pouring cold water on a massive rally in the run-up to the 2024 election. Republican presidential nominee Donald Trump owns nearly 57% of the company, which trades as DJT on the Nasdaq.