Trump Media & Technology GroupNASDAQ: DJT

President Joe Biden's faltering performance captured the spotlight during the presidential debate, but the candidates did spend time tussling over a topic that could pose a challenge, at least financially, for Donald Trump — his legal woes.

Three months ago, expectations that Trump Media stock would reach $100. Now, after a volatile descent, a breakdown below $25 is a possibility.

Trump Media & Technology stock has traded erratically in recent months and last night's presidential debate sparked more volatility in DJT shares.

Trump Media and Technology Group saw its stock price surge by around 11% in pre-market trading on Friday.

Trump Media (NASDAQ: DJT ) stock rose almost 10% overnight after the former president's performance at his debate with President Joe Biden. The stock was trading at over $40 per share early on June 28, and its market capitalization rose to $7.1 billion.

Trump Media & Technology Group Corp DJT has had a wild ride, with the stock skyrocketing 190% over the past year and 110% year-to-date. However, recent technical indicators suggest caution, as the stock has dipped 26% in the past month.

Shares of Trump Media & Technology Group jumped more than 10% at times during pre-market trading Friday morning, following the highly anticipated debate between former President Donald Trump and President Joe Biden that most pundits say went disastrously for the sitting president.

About $1.3 billion has been added to former President Donald Trump's net worth over the last week, as shares of Trump Media have significantly rebounded since falling below $27, though the value of his stake in the firm—the parent of social media platform Truth Social—is still down by more than $1 billion this month.

The stock has proven to be volatile since it began trading under the DJT ticker earlier this year, with the shares up by more than 30% in a week.