Trump Media stock halted over volatile trading with price spiking and dipping

According to Nasdaq data, Trump Media, the parent company of Truth Social, surpassed its 30-day average trading volume of 35.1 million shares with more than 82.5 million shares traded by 10:45 a.m. on Tuesday.

By Nicholas Ballasy

Published: October 29, 2024 2:00pm

Updated: October 29, 2024 2:08pm

Trading of Trump Media & Technology Group stock was halted multiple times on Tuesday after price jumped and dropped one week before Election Day.

According to Forbes, trading paused for five minutes beginning at 9:36 a.m., 9:42 a.m., 9:50 a.m., 10:21 a.m. and 10:31 a.m.

Nasdaq data showed that Trump Media, the parent company of Truth Social, surpassed its 30-day average trading volume of 35.1 million shares with more than 82.5 million shares traded by 10:45 a.m. on Tuesday.

According to Barrons, Trump Media is worth as much as X currently.