Trump Media Stock Plummets Following Debate with Kamala Harris

Shares of Trump Media & Technology Group hit record lows after former President Donald Trump's debate performance against Vice President Kamala Harris.

Trump Media's stock fell over 10% in premarket trading and continued to decline, reaching new record lows.
The company's stock has dropped nearly 78% since its peak in March, significantly affecting Trump's net worth.
Trump owns approximately 60% of the company's shares, which are now valued at around $2 billion, down from $6 billion in April.
The stock's performance is closely tied to Trump's political fortunes, reflecting investor sentiment on his election prospects.
The expiration of a lock-up provision on September 19 will allow Trump to sell his shares, potentially impacting the stock further.