Mon Sep 16 16:20:02 UTC 2024: ## Trump Media Stock Slides After Apparent Assassination Attempt on Trump
**West Palm Beach, FL** – Shares of Trump Media, the company owned by former President Donald Trump, experienced a 3.8% decline on Monday, following an apparent assassination attempt on Trump at his golf course in West Palm Beach, Florida.
The incident occurred Sunday afternoon when US Secret Service agents spotted a rifle near the property line and opened fire on the individual holding it. The suspect, identified as 58-year-old Ryan Wesley Routh, fled the scene but was later apprehended and appeared in federal court on Monday.
Trump was unharmed and quickly transported to a secure location after the gunfire. He later posted on Truth Social, Trump Media’s flagship app, expressing his gratitude for the well wishes and describing the day as “interesting.”
This is the second assassination attempt on Trump in less than three months. In July, Trump survived an attempt at a campaign rally in Pennsylvania. Trump Media’s stock soared following both incidents, suggesting the company’s performance is closely tied to Trump’s political fortunes.
Despite the stock’s initial surge after the latest incident, Monday’s decline reflects concerns about Trump’s political prospects. The stock has seen a sharp decline since its peak in July, dropping nearly 57% from its high.
Trump Media’s stock performance has also been influenced by the recent presidential debate, with shares falling after the first debate on September 10th. While Trump claims victory, political pundits largely view Vice President Kamala Harris as the winner.
Despite a recent announcement that he would not sell his 57% stake in the company, the stock’s trajectory remains uncertain. While the company’s future may be intertwined with Trump’s political career, its performance suggests that investors are growing increasingly wary of its prospects.
First Piper 