Trump Media, which operates the social networking site 'Truth Social,' saw its stock price fall to an all-time low after the TV debate.

Donald Trump, the former president of the United States and the Republican presidential candidate for the 2024 presidential election, is also a major shareholder of Trump Media, which operates the social media site 'Truth Social.' It was revealed that Trump Media's stock price had fallen to its lowest level ever after the TV debate between Trump and current Vice President and Democratic presidential candidate Kamala Harris.

Trump Media shares plunge after Harris debate
https://www.cnbc.com/2024/09/11/djt-trump-media-stock-debate-harris.html

Trump Media's stock price slides after Donald Trump and Kamala Harris debate - CBS News
https://www.cbsnews.com/news/trump-media-and-technology-group-stock-price-donald-trump-kamala-harris-presidential-debate/

Trump Media stock tumbles to record low following his Harris debate performance - UPI.com
https://www.upi.com/Top_News/US/2024/09/11/Trump-Media-Shares-Plunge-Harris-debate/3631726082583/

Trump Media shares plunge to record low after debate : NPR
https://www.npr.org/2024/09/11/nx-s1-5108849/wall-street-investors-think-trump-lost-the-debate-too

The televised debate was sponsored by ABC News and was held under rules such as 'no pre-written notes allowed,' 'microphones were muted while the other candidate was speaking,' and 'candidates were given notes, pens, and water.'

Before the debate began, the approval ratings for Trump and Harris were neck and neck, but several media outlets reported that the debate featured Trump on the defensive, and several polls conducted after it ended showed Harris in the lead.

US Presidential Election: Vice President Harris and former President Trump TV Debate: Multiple US media outlets 'Defensive Trump' | NHK | US Presidential Election
https://www3.nhk.or.jp/news/html/20240911/k10014578581000.html

As a result of these results, Trump Media's stock price temporarily fell to $15.84 (approximately 2,260 yen), the lowest level since its Nasdaq listing, and closed the day at $16.68 (approximately 2,380 yen).

The closing price of Trump Media the day after it was listed was $66.22 (about 9,440 yen), and the highest was $97 (about 13,800 yen). However, once it fell below the $20 (about 2,850 yen) line in September 2022, it temporarily recorded a price of $12 (about 1,710 yen). Since January 2024, it has been recovering a little.

Harris' campaign called for a second debate, but the Trump campaign did not respond.

'In boxing or UFC, you hear people yell 'one more fight!' after they lose or get knocked out. It's the same in a debate. Harris got screwed last night. I won every single poll, including 92-8, so why do I have to have one more fight?' Trump posted on Truth Social, claiming he won.

Trump owns about 57% of Trump Media's shares, worth about $1.9 billion (about 270 billion yen) on a closing price basis, and has lost hundreds of billions of yen due to the fall in stock prices. The lockup period for his shares will expire on September 19, 2024, and he will be able to sell them, but it is unclear whether Trump will sell them.