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Fortune
Fortune
Chris Morris

Trump Media share price shows the mixed emotions of his supporters

(Credit: Michael M. Santiago—Getty Images)

Shares of Trump Media and Technology Group have always traded by their own set of rules, but following Donald Trump’s conviction on all 34 counts in his New York hush money trial, the stock went on an epic roller coaster ride.

As of 12:00 p.m. ET, shares of Trump Media were down more than 7%. That followed a pre-market spike that sent shares briefly within sight of 52-week highs and a drop of as much as 14% following the verdict yesterday. A press conference by Trump on Friday morning did not give the stock any immediate boost; in fact, share prices fell slightly as he continued to talk, then dropped further after he finished.

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