Trump Media Stock Soars 230 Percent Ahead of Election

Imagine this. A presidential candidate owns so many shares of a public company that people start to view its stock like election odds. The asset price fluctuates from wins and losses on the campaign trail, rather than the integrity of its balance sheet. 

Despite multiple trading halts, the stock climbed over 10 percent on Tuesday to push its October gains to more than 230 percent. That rise has coincided with Trump’s surging odds across prediction markets.