The surge has at least as much to do with its attractiveness as a volatile asset as it does with Trump’s chances of being the next president.

Shares of Trump Media & Technology Group Corp. and mobile-advertising software company Phunware Inc. were both halted for volatility Tuesday on an eventful day for both stocks.

Speculators and day-traders are fickle. They tend to ride short-term trends, then sell quickly. With Trump Media being viewed as a "meme" stock (that is, with little link to fundamentals), the recent price uptrend could quickly reverse.

Presidential candidates Donald Trump and Kamala Harris traded comedic barbs at the Al Smith Catholic charity dinner.

Shares of Trump Media DJT, which operates the social-media platform Truth Social and is viewed as a Wall Street proxy for Republican nominee Donald Trump’s election bid, soared last week.

Although the basic fundamentals of Trump Media, parent company of Truth Social, haven’t changed, its faltering stock price has seen a reversal of fortune.

Share price for Truth Social parent company often acts as unofficial barometer of Trump campaign’s perceived strength

The price swings have at least as much to do with its attractiveness as a volatile asset as it does with Trump’s chances of being the next president.

After a week of strong momentum, the Trump Media & Technology Group ($DJT) is down today and falling fast. The 2024 U.S. presidential election is