Trump Media Stock Hit by Midterm Wallop -- WSJ

By Eliot Brown

Shares in Trump Media-which runs Truth Social and is merging with a nuclear-fusion company-fell over 6% in premarket trading, as the Democratic wave at the ballot box hit the stock most aligned with the president.

President Trump owns 41% of the company.

Premarket data was limited for other companies aligned with the president and his family.

Stocks to watch that count Donald Trump Jr. or Eric Trump as investors include:

-- American Bitcoin, a bitcoin mining company affiliated with Eric Trump

-- Skyline Builders, a company investing in a large tungsten mining project in Kazakhstan to which the Trump administration has pledged hundreds of millions of dollars of U.S. funding.

-- PSQ Holdings, an online MAGA-aligned marketplace

-- Powerus, a drone company that recently completed a public listing

-- Unusual Machines, a drone-components company

-- GrabAGun, a firearms marketplace

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 04, 2026 05:29 ET (10:29 GMT)