Donald Trump’s odds fell on betting platforms today after his telephone battle with Kamala Harris, from which many observers believe he came out the loser, while at the same time the stock of his group fell.

“It’s still too early for new polls to be released, but early reaction from bookmakers suggests Harris had the upper hand in last night’s showdown against former President Trump”, commented Brown Brothers Harriman analysts.

The Democratic candidate, who in recent days was trailing her Republican opponent, according to the online betting platform Smarkets, came out on top.

Around 17:30 (Greece time), her probability of electoral success was 51.2%, compared to 48.1% for Trump. As of Tuesday morning, the former president was credited with a 52.3% chance of winning the election, compared to just 46.3% for Kamala Harris.

The former senator from California also leads betting platforms Bovada and Bet365. “If this trend continues, the Democratic candidate will be the favorite to win the November election,” British Bet365 estimated today.

Also, immediately after the telefight, the stock of Trump’s media conglomerate, Trump Media and Technology Group (TMTG), was down 12.27%. Since March 26, TMTG stock has lost nearly 80% of its value.

Investors gradually moved away from the group after o Donald Trump started posting again on platform X (formerly Twitter) which is a competitor to his own Truth Social.

They also distanced themselves from the group after Joe Biden dropped out of the presidential race and was replaced by Kamala Harris.

At the same time, the end of the lock-up period is approaching, during which investors who owned shares before the company went public cannot sell them.

From the end of September Trump will be able to sell all or part of his shares in the market. Today he owns approximately 57% of TMTG shares.