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Fortune
Fortune
Jeffrey Sonnenfeld, Whitney Tilson, Steven Tian

The ‘Trump Dump’ is back—and the stocks that he targets are crashing

(Credit: David Paul Morris - Bloomberg - Getty Images)

Former President Donald Trump has long regarded the stock market as a barometer for success, constantly touting record highs during his time in office and still bragging incessantly about the “beautiful” stock market on his watch.

However, what many commentators miss is not just the 40 record highs the stock market has hit under the Biden-Harris administration—but also that while Trump does hold significant sway over pockets of the stock market, much of his impact is profoundly negative, particularly for individual companies and industries that draw his ire.

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