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Fortune
Fortune
Marco Quiroz-Gutierrez

UNBELIEVABLE: Trump media shares plummet after lackluster debate performance - The Untold Story

(Credit: Kevin Dietsch—Getty Images)

Former President Donald Trump boasted that Tuesday’s faceoff with Vice President Kamala Harris was his best debate, but shareholders of Trump Media & Technology Group were less enthusiastic.

The parent company of Trump’s Truth Social social media network saw its shares plummet 17% at the opening bell, taking the stock to a record low on Wednesday. The company’s shares were still trading down about 13% at $16.19 as of midday Wednesday. As recently as March, the stock traded at $66 and hit a high during the past year of $79.38.

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