Shares of former President Donald Trump’s social media company took a wild ride on Election Day, surging by double digits in morning trading before taking a sharp dive in the early afternoon, with the whipsaw price moves triggering repeated trading halts as investors navigated a volatile session while awaiting the results of the tight presidential race.
The price of Trump Media and Technology Group stock, which trades under the ticker DJT, rose steadily in morning trading on Nov. 5, soaring as high as 18 percent—before rolling over shortly after 2 p.m. ET and falling sharply.
