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Former President Donald Trump boasted that Tuesday\u2019s faceoff<\/a> with Vice President Kamala Harris was his best debate<\/a>, but shareholders of Trump Media & Technology Group were less enthusiastic.<\/p>\n The parent company of Trump\u2019s Truth Social<\/a> social media network\u00a0saw its shares plummet 17% at the opening bell, taking the stock to a record low on Wednesday. The company\u2019s shares were still trading down about 13% at $16.19 as of midday Wednesday. As recently as March, the stock traded at $66 and hit a high<\/a> during the past year of $79.38.<\/p>\n Trump Media\u2019s stock nosedive is likely tied to Trump\u2019s performance during Tuesday\u2019s debate with Harris, during which the vice president was able to get under his skin<\/a> by mentioning the crowd size at his rallies, his reputation among U.S. military and foreign leaders, previous bankruptcies, and his felony conviction<\/a>. On the New Zealand-based online political and financial market PredictIt<\/a>, Kamala Harris pulled away<\/a> from Trump as bettors felt more confident she would win the upcoming presidential election.<\/p>\n Wednesday\u2019s drop in Trump Media shares is the latest example of just how tethered the company\u2019s value is to the former president. The stock skyrocketed 30% after Trump survived<\/a> an assassination attempt and again briefly following Trump\u2019s first debate with President Joe Biden.<\/p>\n Yet, since Biden stood aside and Harris stepped up to take his place in the presidential race, Trump Media\u2019s shares have lost more than 50% of their value.\u00a0<\/p>\n\n