Trump Media Shares Take A Hit, His Election Betting Odds Too

Convicted felon Donald J. Trump took a hit with investors and oddsmakers following Thursday's verdict. Shares of Trump Media & Technology Group (sticker symbol DJT), the parent company of Trump's Truth Social media platform bounced down, then up and down again in this morning, trading near its 52-week low.

The verdict also quickly impacted his 2024 presidential election odds. While still a favorite, Trump's odds dropped from -165 to -120 on BetOnline.ag, while Joe Biden improved from +130 to +110.

(DJT), the parent company of former President Donald Trump's social media platform Truth Social, bounced back from extended-hour trading losses to rise about 2% shortly after the opening bell on Friday after Trump was found guilty on all 34 counts of falsifying business records intended to influence the 2016 presidential campaign.

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