Trump Media Stock Halted For Volatility Multiple Times
Topline
Trading in Trump Media & Technology Group shares was halted multiple times after the company’s stock price briefly spiked and then dropped Tuesday, marking the latest volatile movement for former President Donald Trump’s social media firm.
Shares in the Truth Social parent firm briefly surged before turning negative.
Key Facts
Nasdaq—citing volatile trading for the stock—halted trading for Trump Media for five minutes starting at 9:36 a.m. EDT, 9:42 a.m., 9:50 a.m., 10:21 a.m. and 10:31 a.m.
Trump Media eclipsed its 30-day average trading volume of 35.1 million shares by 10:15 a.m., with more than 82.5 million shares having been traded by 10:45 a.m., according to Nasdaq.
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