Trump’s media stock halted for extremely volatile trading [Video]

New York –

Former U.S. President Donald Trump’s social media company was temporarily halted – twice – after a sudden and precipitous plunge on Election Day following a massive surge.

Shares of Truth Social owner Trump Media & Technology Group, which trades under the symbol “DJT,” briefly turned negative after spiking as much as 17 per centearlier Tuesday morning. After the stock was halted for volatility, shares began to recover but ended the day down more than one per cent.

It wasn’t clear what caused the massive sell-off – or the earlier spike. Prediction markets have barely budged Tuesday, and other so-called Trump trades that are betting on a Trump victory remained strong.