The recent movement extends volatility that stretches back to the stock's debut.
Trump guilty of 34 felony counts of falsifying business records in an effort to conceal hush money payments made to porn star Stormy Daniels. The verdict made Trump the first president to be convicted in a criminal trial.
The price movement since the verdict reflects a dynamic that bodes well for the stock going forward, Richey added. "You have an imbalance between supporters and opponents of Trump in what they can do in the markets," Richey added.from an initial offering price of about $50 to a peak of nearly $80 in late March. Over the ensuing two weeks, the priceAs of Thursday morning, the stock had rebounded to a price of about $51 before plummeting in the aftermath of the verdict.a multibillion dollar windfall.
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