Vivek Ramaswamy’s presidential campaign has ceased spending on television advertising ahead of next month’s Republican presidential contests, NBC News
reported Tuesday.

The Republican biotech entrepreneur’s campaign reduced TV ad spending from $200,000 during the first week of December to $6,000 last week, according to AdImpact, a website that tracks advertising spending, NBC reported.

Ramaswamy was polling in third place among Republican candidates going into the fall but
dipped significantly following this fall’s series of debates and has recently
been ranking behind former President Donald Trump, Florida Gov. Ron DeSantis and former South Carolina Gov. Nikki Haley, and just about even with former New Jersey Gov. Chris Christie in an ever-shrinking field.