Trump Media stock plunges 11% premarket after midterm election results

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By William Smith • Updated Nov 4, 2026 at 16:10

Stocks making the biggest moves premarket: Trump Media, Tesla, CoreWeave, Novo Nordisk and more - CNBC — Trump Media stock plunges 11% premarket after midterm election results

Trump Media stock declined 11% early in the trading session on Wednesday, following the US midterm election results. The stock was among the most active stocks, alongside Tesla, CoreWeave, and Novo Nordisk. Investors reacted poorly to the GOP's loss in the ballot, leading to a political sell-off.

“Investors reacted poorly to the GOP's loss in the ballot, leading to a political sell-off,” — Amara Sterling, contributing analyst at Wraystone Stow Practice, told our newsroom.

Timeline

Nov 3 — Trump Media stock declined 11% early in the trading session on Wednesday, following the US midterm election re...

Nov 4 — Investors reacted poorly to the GOP's loss in the ballot, leading to a political sell-off....

Reader Poll: Has this affected your local community? — 75% of Wielsxkts readers said yes.

This story has been closely followed by our readers since Nov 1. The Wraystone Stow Practice desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Friday, Nov 6.

ICYMI: Tesla's Autopilot: DeceptionMisleading ClaimsFalse Promises by the CompanyBrandTesla's...

Editor's note: this report was prepared by the Wraystone Stow Practice desk and last updated 18:29 UTC.

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