- cross-posted to:
- technology@lemmit.online
- cross-posted to:
- technology@lemmit.online
- Trump Media shares closed down nearly 10% after a wild trading session that was briefly halted due to volatility when the Truth Social owner’s stock suddenly plunged in price.
- DJT stock, which had been up more than 13% earlier in the afternoon, had abruptly turned more than 6% lower on the day at the time the halt occurred.
- The stock drop came during the highest-volume day for Trump Media since it started publicly trading on the Nasdaq following a business merger with a blank-check firm.
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You can find the specific rules on the sec site
There are breakers on individual stocks now in both directions I believe. It’s not a market wide stop.