Trump Declines To Testify In Stormy Daniels Case, Defense Rests: 'We've Won The Case By Any Standard' In 'Kangaroo Court,' Former President Says
Portfolio Pulse from Chris Katje
The criminal case against Donald Trump alleging falsified business records related to hush money payments is nearing its conclusion. Both the prosecution and defense have rested, with the trial now moving to closing arguments. Trump Media & Technology Group (NASDAQ: DJT) shares could be volatile as the trial progresses.
May 21, 2024 | 7:46 pm
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NEUTRAL IMPACT
Shares of Trump Media & Technology Group (NASDAQ: DJT) could experience volatility as the trial against Donald Trump moves to closing arguments and a verdict is reached. The stock has previously seen large moves related to legal proceedings involving Trump.
The trial's progression to closing arguments and the impending verdict could lead to significant market reactions for DJT shares. Historical data shows that the stock has been sensitive to legal developments involving Trump.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100