Post-debate, solar stocks surged, while Trump-related stocks like DJT and oil drillers saw significant declines.
Sectors & Industries
Reactions to the Trump-Harris debate were mixed and polarized along political lines. Supporters of Donald Trump praised his aggressive style and direct attacks, viewing them as influential in energizing his base and challenging Kamala Harris. On the other hand, Harris’s supporters commended her composure and passion for hot issues like abortion, seeing her performance demonstrated leadership and poise.
Critics of both candidates, however, felt the debate lacked substantive policy discussions and was marked by one-sided fact-checking and heated exchanges, leading to concerns about the quality of the moderators. After the debate, in a nod to a likely Harris victory, solar stocks skyrocketed in price while the "Trump trade" sold off, with DJT, GEO, and oil drillers stocks decreasing rapidly in value.
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