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Trump Media & Technology Group (DJT)
Shares of Trump Media plummeted more than 10% in Monday's session to trade at their lowest point since the social media company went public in March.
Early investors, including former US president Donald Trump, were subject to a six-month lockup period before being able to sell or transfer shares. This lockup period finished on Thursday, though Trump previously told reporters: “I have absolutely no intention of selling.”
The stock has seen large swings in share price since going public after merging with special purpose acquisition company Digital World Acquisition Corp.
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Shares jumped but then fell after president Joe Biden stumbled in the first presidential debate of 2024 back in June, with Biden dropping out of the race a month later.
Trump Media shares have slumped since Biden's announcement, particularly as vice president Kamala Harris, the Democratic nominee, has been tracking ahead in the latest polls.
Tesla (TSLA)
Electric carmaker Tesla closed Monday's session 5% higher as investors looked ahead to the company's third-quarter sales figures and the much-anticipated debut of its robotaxi next month.
In a note released on Monday, Barclays analyst Daniel Levy said Tesla could deliver as much as 470,000 electric vehicles (EVs) in the third quarter quarter, when it releases the data early in October. That figure would be 8% higher than the same period last year.
“Given the positive data points reported thus far in the quarter, particularly in China, we believe Tesla's sales trajectory is well understood and investors are expecting a stronger result,” Levy said.
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Tesla has faced a number of challenges this year, including layoffs and greater competition in China.
However, after disappointing first quarter earnings, Tesla saw some improvement the following period, with second-quarter deliveries totalling nearly 440,000, which beat analyst expectations.
Tesla is due to unveil its driverless robotaxis on 10 October, after repeated delays.
Raspberry Pi (RPI.L)
In its first results as a public company, Raspberry Pi posted stronger than expected profits for the six months to 30 June, driving shares 8% higher.
The company reported adjusted earnings of $20.9m (£15.6m), which was 55% higher than what it described as a "supply constrained comparative" first half in 2023.
Raspberry Pi, which is known for making smaller affordable computers aimed at helping children learn to code, listed on the London market in June. Its decision to list in London was considered a victory for the UK market, which has recently struggled to attract flotations from big companies and seen some move elsewhere.