Trump Media Stock Plummets 11% In Premarket Trading After Democratic Midterms Sweep
Democrats’ congressional gains triggered a sell-off in Trump-linked assets, while Rumble edged higher as traders reassessed the political trade.
- On Wednesday, Trump Media & Technology Group shares plunged 11% to $5.30 after Democrats secured control of Congress, reversing the stock's pre-election gains.
- Truth Social reported $712 million in net losses during 2025, while daily traffic on the platform fell by 30 percent over the past year, compounding financial strain.
- Rumble stock rose 0.8% to $5.18, snapping its typical political correlation with Trump Media as the company expands cloud infrastructure and digital asset exposure.
- Shares crashed to a record low of $5.05 on Election Day; once trading at $175 per share, the stock now sits at a fraction of its former value.
- Trump Media plans to release Q3 2026 results on November 9, with the proposed all-stock merger with TAE Technologies serving as a critical checkpoint for investor sentiment.
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After the election slump, investors run away, fearing legal and political consequences for Trump.
Trump-Linked Tokens Fall After Democrats Sweep Midterms
Two cryptocurrency tokens tied to U.S. President Donald Trump tanked after Democratic candidates won in various races in the 2026 midterm elections [1]. The Official Trump (TRUMP) token fell 17% over 24 hours to $1.33, while the World Liberty Financial (WLFI) token dropped more than 7% to $0.047, the report stated, citing market data [2][3]. Market Reaction and Reported Losses Cointelegraph reported that TRUMP declined 17% over a 24-hour period …
Melania memecoin hit rock bottom after Republicans took a beating on election day: report
Investors who have held onto their Melania memecoins since the token’s $13.05 peak at its January 2025 launch got more bad news after Republicans took a beating in the midterm election.The first lady’s cryptocurrency sank to a "record low" as Republicans were losing their grip on Congress, Happy Coin News reported.MELANIA shed nearly 13% of its value in trading on Nov. 4, falling to roughly $0.066, according to Yahoo Finance. At that price, some…
In dive the shares of the company that controls Truth social, the digital currency with the name Trump and the token World Liberty, while the rest of the cryptocurrencies rises. From the return to the presidency the assets of the president has grown mainly thanks to activities related to his office. But with the Congress in the hands of the dem new investigations on family affairs are approaching
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