Investors are scrambling to shift their positioning following the closely-watched debate between US Republican Donald Trump and Democratic Vice President Kamala Harris, as betting markets swung in Harris’s favour after the event.
Shares of Trump Media & Technology Group, the company that owns Truth Social, fell 13 percent on Wednesday afternoon, while other so-called Trump trades such as Bitcoin and crypto stocks retreated. Solar stocks, seen as benefitting from a Harris win, rallied and healthcare shares fell.
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