El-Sayed contracts recover after Stevens backs Rogers in Michigan Senate race
NextPredict reports PredictIt's contract on Democrat Abdul El-Sayed briefly fell to 66 cents on Sunday after Rep. Haley Stevens endorsed Republican Mike Rogers, then rebounded to 79 cents by Monday morning, above its Sunday opening price. On Kalshi, El-Sayed also reached 79 percent on Monday, his highest level since his August primary victory.
Democrat Abdul El-Sayed’s Michigan Senate contract on PredictIt recovered from a sharp Sunday decline to reach 79 cents by Monday morning, according to NextPredict. The rebound left it above its Sunday opening price.
Endorsement precedes a brief decline
The contract briefly dropped to 66 cents on Sunday after Rep. Haley Stevens endorsed Republican Mike Rogers, NextPredict reported. The move put a cross-party endorsement at the center of a short-lived shift in market pricing.
By Monday morning, El-Sayed’s contract had regained that ground. The sequence shows that the initial decline did not persist, though the supplied reporting does not establish what drove the recovery.
Kalshi also moves higher
On Kalshi, El-Sayed reached 79 percent on Monday, according to NextPredict. That was his highest level on the platform since his August primary victory.
The two platforms therefore showed the same numerical level at the reported Monday checkpoints, expressed as cents on PredictIt and a percentage on Kalshi. The report was published Nov 3, 2026, at 3:45 PM ET.
What it means for prediction markets
- Timing matters: PredictIt’s 66-cent Sunday low and 79-cent Monday morning price offer markedly different snapshots of the race.
- The endorsement’s apparent impact was temporary: The decline followed Stevens’s support for Rogers, but El-Sayed subsequently traded above his Sunday opening price.
- The recovery extended across platforms: Kalshi’s Monday reading marked a post-primary high for El-Sayed, while PredictIt also reached 79 cents.
Sources & attribution
- Published
- Source
- NextPredict
- Publisher
- The publisher did not list a web address.
- Source URL
- The feed did not publish this story's article address.
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to NextPredict”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.
Related
- Just $300K of selling would have pushed Kalshi's Democrats-win-Senate contract down 10 points this morning, Talos researchers warn
- Kalshi's House control market carries 22.9M contracts open, more than double the Senate control market's 10.6M
- Senate control odds drift back toward Republicans in afternoon trading, with Democrats down to 73 percent from a 77 percent morning high while House control holds near 93 percent on Kalshi, InvestingLive reports
- Indiana secretary of state market flips twice on Election Day, with Democrat Beau Bayh back in front at 63 percent over Republican Max Engling at 34 percent on Kalshi at 3 p.m., IndyStar reports
- Los Angeles mayor market leans to incumbent Karen Bass at 58 percent over Nithya Raman at 43 percent on Kalshi, even though the final Berkeley poll had the two tied at 40 percent each, Covers reports
- Maine governor market is the state's lopsided race, with Democrat Hannah Pingree at 97 cents on Polymarket and 96.6 cents on Kalshi against Republican Bobby Charles ahead of the 8 p.m. poll close, Action Network reports