
The shares of Trump Media & Technology Group may have temporarily benefited from the lackluster performance of President Joe Biden during the Jan. 27 presidential debate. Its shares climbed 13% in n the premarket trading on Friday before quickly shedding 10% after the opening bell.
Biden delivered a not-so-stellar performance during Thursday's first debate of the 2024 presidential campaign while Trump threw punches using baseless attacks and made-up facts. Ahead of the election, the two rivals have been throwing personal insults against each other.