Trump Media and Rumble Decline 5% as September Inflation Runs Above Forecasts; Reddit Slides 2%
Source ↗
👁 0
💬 0
The post Trump Media and Rumble Decline 5% as September Inflation Runs Above Forecasts; Reddit Slides 2% appeared first on 24/7 Wall St..
Speculative social-media stocks are falling faster than benchmark funds after a hotter-than-expected inflation report. Trump Media & Technology Group (NASDAQ:DJT) stock is trading at $7.38, down 5%. Meanwhile, Rumble (NASDAQ:RUM) stock is at $6.39, down 5% and matching the drop in Trump Media stock.
Benchmark funds are moving far less. The SPDR S&P 500
Speculative social-media stocks are falling faster than benchmark funds after a hotter-than-expected inflation report. Trump Media & Technology Group (NASDAQ:DJT) stock is trading at $7.38, down 5%. Meanwhile, Rumble (NASDAQ:RUM) stock is at $6.39, down 5% and matching the drop in Trump Media stock.
Benchmark funds are moving far less. The SPDR S&P 500
Comments (0)