Trump Media Stock Trading Halted Temporarily Due to Volatility

Trump Media Stock Trading Halted Temporarily Due to Volatility
An illustration photo of a person checking the app store on a smartphone for Truth Social with a photo of former President Donald Trump on a computer screen in the background, in Los Angeles on Oct. 20, 2021. Chris Delmas/AFP via Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Trading in shares of Trump Media, the parent company behind Truth Social, was briefly halted in the afternoon of Oct. 15 after a large price drop in a heavy and volatile trading session.

Shares in Trump Media and Technology Group, which trades under the stock ticker DJT, surged by more than 13 percent by the early afternoon and were on pace for the stock’s highest close since July, before a sharp selloff sent it plunging, triggering a five-minute trading halt at around 2:42 p.m. ET.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter