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Trump Media & Technology Group plunges over 24%, hitting a new low since listing.

Trump Media & Technology Group plunges over 24%, hitting a new low since listing.

BlockBeatsBlockBeats2026/11/05 03:20

BlockBeats news, November 5th, with the Democratic Party fully seizing control of Congress, a new chapter in Washington's political landscape begins, and stocks related to Trump and Republican mega-donor Musk plummeted.


According to data from the BIT stock platform, Trump Media & Technology Group (DJT) closed down 24.54% on Wednesday, hitting a new low since its listing, while in after-hours trading it rose 1.56% to $4.56. Tesla was the worst performer among the Magnificent Seven, closing down 3.34%; SpaceX closed down 3.81%.

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