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Fortune
Fortune
Paolo Confino

Trump Media stock drops the day after trading was halted five times for being too volatile

Former President Donald Trump (Credit: Angela Weiss—AFP/Getty Images)

Trump Media & Technology Group seems poised for another day of highly volatile trading. 

On Wednesday, Trump Media’s stock fell 12% in the first 90 minutes after the market opened. The day before that, trading on the stock was halted five times owing to excess volatility. The stock closed at $51.51 on Tuesday but was down to $45.57 on Wednesday morning.

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