Jakub Porzycki | Nurphoto | Getty Images
Shares of Trump Media slide on monday, one day later Donald Trump — the company’s largest shareholder — was not harmed in a apparent assassination attempt on a golf course in Florida.
Shares, which trade under the ticker symbol “DJT,” opened slightly higher before falling more than 4% mid-morning. Trump Media was trading at around $17.23 a share at 11 a.m. ET.
US Secret Service agents opened fire on an individual around 2 p.m. Sunday, after they discovered a rifle near the boundary of Trump’s golf course in West Palm Beach, where Republic The presidential candidates are playing a game.
Officials later arrested Ryan Wesley Routh, 58 years oldafter fleeing the scene. He is in custody and will make his first federal court appearance on Monday.
As soon as the agents heard the gunshots, they immediately transported Mr. Trump to a safe location.
“I want to thank everyone for their concern and well wishes – It was a truly enjoyable day!” Trump posted late Sunday night on Trump Media’s flagship property, the social media app Social truth.
Sunday’s attempt comes just two months and two days after Trump survived a assassination attempt at a campaign rally in Butler, Pennsylvania on July 13.
Trump Media shares surged on the first day of trading after the Butler shooting, Closed more than 30% on July 15.
Monday morning’s drop also followed Trump’s announcement on Friday that he will not sell its 57% stake in the company
Trump and other company insiders have been banned from selling their shares in Trump Media, but those lock restriction will expire on Thursday.
“No, I’m not selling,” Trump told reporters at his golf club in Palos Verdes, California on Friday.
Shares jumped as much as 25% following the announcement, and Trump Media’s trading was halted twice due to the volatility.
The stock closed up 11% on Friday at $17.97 a share. At that price, Trump’s 114,750,000 shares in the company are worth more than $2 billion.
But even after Friday’s gains, the stock closed slightly higher than where it opened the week.
Shares down nearly 14% and hit new all time low on Wednesday and Thursday, after first presidential debate between Trump and his Democratic opponent, Vice President Kamala Harris.
The Trump Media often acts as a proxy for Trump’s political fortunes, and while Trump continues to claim victory in September 10 debatePolitical experts and strategists agree Harris has achieved the highest position.
As of 11 a.m. ET Monday, the stock had fallen more than 55% since its most recent high in July, after the first assassination. The stock has fallen 74% stock to go public in march on Nasdaq.
Trump Media’s market capitalization stood at about $3.4 billion mid-morning Monday.
This is a developing story, please check back for updates.
