The Nasdaq imposed multiple trading halts on Trump Media & Technology Group (DJT) today as DJT stock surged on election momentum. Being closely linked to Donald Trump, it has been subject to extreme volatility, which Nasdaq cites as the reason for the trading halts. The most recent halt has been lifted, though, and although DJT plunged this afternoon, it has not recovered.
What’s Happening with DJT Stock?
After a strong start to the day, DJT finished in the red amid extremely high trading volume. Shares closed out the day down 1% and are currently down 4% in after-hours trading. This brings the stock down 21% for the week, further erasing the gains that DJT enjoyed throughout most of October.
With the U.S. Presidential Election taking place today, it makes sense that DJT stock would be subject to extreme volatility. Regulators will sometimes impose a trading halt to protect investors when such a scenario is taking…
