In the aftermath of a disastrous debate performance, Donald Trump is facing alarming financial news that could have significant implications for his political future. Following the debate, where Vice President Kamala Harris delivered a strong and fact-based rebuttal to Trump’s claims, Wall Street reacted swiftly, signaling a lack of confidence in his electoral chances.

Pre-market trading saw Trump’s social media company, Truth Social, plummet almost 18%, with shares dropping to around $16.30. This is a stark contrast to the stock’s value of $62 a share just a few months ago in March. The decline is particularly concerning for Trump, as he is only nine days away from being able to sell his 5 million shares, which are now losing value at an alarming rate.

Historically, the stock price of Truth Social has been viewed as a barometer of Trump’s electoral chances. A rising stock price typically indicates that investors believe he has a strong chance of winning, while a falling stock price suggests the opposite. With Wall Street reacting negatively to his debate performance, it seems that many investors are already writing off his prospects.

During the debate, Trump’s incoherent responses and reliance on outdated talking points—such as tariffs against China—contrasted sharply with Harris’s articulate and factual arguments. Trump’s fixation on rally sizes and past controversies, like his comments about the Central Park Five, only served to highlight his weaknesses. Harris effectively turned the debate in her favor, showcasing her command of the issues and leaving Trump on the defensive.

Wall Street’s reaction is telling. Traders and brokers, who are generally centered on the numbers rather than political loyalties, are clearly indicating their lack of faith in Trump’s ability to rebound. A drop of 57% in stock value over the past three months is a significant indicator of how investors perceive his viability as a candidate.

Moreover, Trump’s financial troubles extend beyond the stock market. He faces mounting debts, including a $100 million obligation to E. Jean Carroll and approximately $500 million related to fraud charges in New York. This totals around $600 million, raising questions about his financial stability and ability to fund his campaign.

The implications of this financial downturn are profound. If Trump sells his shares at the current low price, he risks further damaging the stock and, consequently, his reputation. His reliance on a stock that is now circling the drain could lead to disastrous consequences not only for his business interests but also for his political aspirations.

As Wall Street pulls away from Trump, it reflects a broader sentiment about his candidacy. Many are beginning to see him not just as a political figure but as a liability. His inability to connect with voters on substantive issues and his penchant for inflammatory rhetoric have alienated many potential supporters.

In conclusion, the financial news following Trump’s debate performance serves as a stark reminder of the precariousness of his position. With Wall Street signaling a lack of confidence in his electoral chances, the question remains: can Trump turn this around, or is he destined for a political and financial downfall? The coming days will be critical as he navigates this tumultuous landscape, and the eyes of both investors and voters will be watching closely.