Premarket Movers: Trump Media Slumps, Bitcoin Stocks Decline Post-Debate

Wednesday, 11 September 2024, 03:55

Premarket movers today include DJT shares tumbling after the presidential debate, sparking investor concerns about Trump's chances. Additionally, Bitcoin-related stocks like MicroStrategy and Coinbase see declines. GameStop faces a drop despite profits while Dave & Buster's sees a surge in shares. Rentokil shares plummet as well.
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Premarket Movers: Trump Media Slumps, Bitcoin Stocks Decline Post-Debate

Premarket Movers Overview

In the latest premarket trading, shares of Trump Media & Technology are tumbling more than 16% as investors respond to the outcomes of Tuesday's presidential debate, raising doubts about Donald Trump's presidential bid.

Bitcoin Stock Trends

  • MicroStrategy down 3.5%
  • Coinbase Global down 2.5%

This decline reflects a growing skepticism as Trump recently shifted towards Bitcoin support.

Key Performers: Winners & Losers

  1. GameStop shares retreated over 9% despite reporting a quarterly profit, though sales fell by 30%.
  2. Dave & Buster Entertainment shares surged nearly 13% following strong fiscal results.
  3. U.S.-listed Rentokil shares fell by 17% amid activist fund developments.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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