As of January 23, 2023, PredictI’s 2024 presidential market shows Florida Gov. Ron DeSantis (R) leading at $0.31, followed by President Joe Biden (D) at $0.29, former President Donald Trump (R): $0.21 and California Governor Gavin. Newsom (D) at $0.12. No other candidate is worth more than $0.10 a share.
A stock price, which rises and falls based on market demand, roughly corresponds to the market’s estimate of the probability of an event occurring.
Trump is the only candidate of this group who has officially announced his presidential campaign.
The Democratic presidential primary market shows Biden leading by $0.52. Two other candidates are at $0.10 or more: California Gov. Gavin Newsom (D) at $0.20 and Vice President Kamala Harris (D) at $0.11.
DeSantis currently leads the Republican presidential primary market at $0.38, followed by Trump at $0.32. No other candidate has a share price of $0.10 or higher.
Predict is an online political futures market where users buy stocks linked to the outcome of political events with real money. Each event, such as an election, has a number of contracts associated with it, each associated with a different outcome. Services like PredictI can be used to predict election results. Due to actions by the Commodity Futures Trading Commission, PredictI may cease trading on February 15, 2023.