StocksMedium•5 November 2026•
1 min read
Trump Media Shares Crash 24.5% Following US Midterm Election Results
Key Facts
1Trump Media shares plunged 24.5%, resulting in a $168 million decline in the value of Donald Trump's stake.
2The sharp decline followed the Democratic Party confirming control of both the Senate and the House of Representatives in the US midterm elections.
Trump Media & Technology Group shares plunged 24.5% in a single day. Benzinga reported that the sharp decline resulted in a $168 million drop in the value of Donald Trump's stake in the company. The sell-off followed the confirmation of the Democratic Party's control over both the Senate and the House of Representatives in the US midterm elections held on November 3, 2026.
DJT closed at $4.49 on November 4, 2026, with the stock hitting a session low of $4.46. The price action reflects investor concerns that Democratic control of Congress could weaken the legislative agenda and diminish the political relevance of the Truth Social platform.