Trump Media, Rumble, and Reddit Shares Slump Following Hotter US Inflation Data

Key Facts

1Trump Media and Rumble shares fell 5% following a September inflation report that exceeded forecasts.

2Reddit stock declined 2% as speculative shares were impacted by high inflation data.

Trump Media and Rumble shares fell 5% following a September inflation report that exceeded forecasts. 247wallst.com reported that Reddit stock also declined 2% as speculative shares were impacted by high inflation data, which pressured high-growth assets more severely than the broader market.

DJT closed at $7.75 on October 13, 2026, while RUM closed at $6.71 and RDDT closed at $155.29 on the same date. The downturn follows data showing the consumer price index rose 0.6% on a monthly basis, heightening expectations for sustained high interest rates to combat persistent price pressures.