--- title: "U.S. Stock Market News | Trump Media & Tech Group Plunges 16%, Marking the Largest Decline Since June" type: "News" locale: "en" url: "https://longbridge.com/en/news/214081271.md" description: "On Wednesday, Trump Media & Tech stock price fell, with the stock dropping over 15% to $15.78 as of the time of writing. At the opening, it plummeted by 16%, marking the largest decline since June. On the news front, the Democratic presidential candidate and Vice President Harris and the Republican presidential candidate and former President Trump held their first televised debate in Philadelphia. It is reported that traders are further closing positions related to bets on Donald Trump winning the election, with market observers believing that Tuesday night's debate increased the likelihood of Kamala Harris winning. Betting website PredictIt shows that the probability of the Democratic candidate winning the election has risen from 53% before the debate to 56%" datetime: "2024-09-11T14:31:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/214081271.md) - [en](https://longbridge.com/en/news/214081271.md) - [zh-HK](https://longbridge.com/zh-HK/news/214081271.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/214081271.md) | [繁體中文](https://longbridge.com/zh-HK/news/214081271.md) # U.S. Stock Market News | Trump Media & Tech Group Plunges 16%, Marking the Largest Decline Since June According to the Wise Finance app, on Wednesday, the stock price of Trump Media & Tech (DJT.US) fell, with the stock dropping over 15% to $15.78 as of the time of writing. At the opening, it plummeted by 16%, marking the largest decline since June. On the news front, the Democratic presidential candidate and Vice President Harris, along with the Republican presidential candidate and former President Trump, held their first televised debate in Philadelphia. It is reported that traders are further closing positions related to bets on Donald Trump winning the election, with market observers believing that Tuesday night's debate increased the likelihood of Kamala Harris winning. Betting website PredictIt shows that the odds of the Democratic candidate winning the election have risen from 53% before the debate to 56% ### Related Stocks - [Trump Media & Tech - CW28 (DJTWW.US)](https://longbridge.com/en/quote/DJTWW.US.md) - [Trump Media & Technology Group Corp. (DJT.US)](https://longbridge.com/en/quote/DJT.US.md) ## Related News & Research - [Trump says Israel attacked Iran's South Pars gas field without US and Qatari involvement](https://longbridge.com/en/news/279706531.md) - [Trump-linked WLFI offers direct access for $5M stake](https://longbridge.com/en/news/279289796.md) - [The Trump phone was a no-show at the world’s biggest mobile show](https://longbridge.com/en/news/278127159.md) - [BBC says Trump's $10 billion defamation lawsuit should be dismissed](https://longbridge.com/en/news/279284195.md) - [Trump Has a Major Prediction About Tariff Revenue](https://longbridge.com/en/news/267304718.md)