Commentary: Trump has billions riding on whether he wins

Published On Nov 4, 2024, 2:23 PM

Donald Trump's financial future is significantly tied to his chances of winning the 2024 presidential election. He has a stake in Trump Media and Technology Group (DJT) valued between $1.4 billion and $5.7 billion, depending on the stock's fluctuating price, which is closely linked to his electoral prospects. DJT is effectively a bet on whether Trump will win or lose; a victory could lead to increased engagement and revenues for the social media platform Truth Social, while a loss could severely diminish the company's value. Recent trading activities show that DJT shares have been highly volatile based on betting odds reflecting Trump's chances in the election.

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Stock Forecasts

DJTView DJT chart on TradingView

Negative

Given the current pre-election volatility and Trump's fluctuating odds, DJT could see significant price swings as potential outcomes become clearer. If Trump appears likely to lose, DJT may experience sharp declines, reflecting investor fears over the company's viability. Conversely, increased confidence in Trump's prospects could lead to further price increases for DJT.

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