Donald Trump Argues 'Political Prosecution' Before Jury Selection In New York Trial: 'Judge Not Going To Allow Me To Escape This Scam'
Portfolio Pulse from Chris Katje
The criminal trial against Donald Trump began in New York, focusing on jury selection and discussions over evidence. Trump criticized the trial as 'political prosecution' and expressed concerns over being unable to attend personal events due to trial obligations. The trial is expected to last 6-8 weeks, with Trump required to be present daily. Shares of Trump Media & Technology Group (NASDAQ:DJT) fell over 18% amid the trial's commencement.
April 15, 2024 | 10:45 pm
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Shares of Trump Media & Technology Group (NASDAQ:DJT) dropped over 18% as Donald Trump's criminal trial began in New York, indicating high volatility during the trial period.
The significant drop in DJT shares directly correlates with the commencement of Donald Trump's trial, reflecting investor concerns over the potential impact of the trial's outcome on the company's future. The trial's high-profile nature and its expected duration of 6-8 weeks suggest continued volatility for DJT shares in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100