Washington D.C. – Republican Presidential candidate Chris Christie decided to suspend his presidential campaign, due to unfavorable results in the New Hampshire primary on Tuesday night.

New Jersey Governor was expecting better results in the New Hampshire primary, but after finishing sixth with only 7.5% of the vote, there have been multiple reports saying he was meeting with his key advisors to determine whether he will continue his campaign for the 2016 election.

Chris Christie decided to abandon his presidential campaign after poor results in Iowa and New Hampshire caucuses. Credit: NBC News

“We bet the ranch on New Hampshire, and no one ever anticipated the Trump phenomenon. He’s a realist,” a source told ABC News.

After the results on Tuesday were announced, Christie said in a speech that even though his message was heard by a lot of folks in New Hampshire, it was just not enough.

The results were certainly not enough to qualify for the pre-South Carolina primary debate sponsored by CBS. One of the sources said that apart from the New Hampshire and the Iowa caucus results, not qualifying to appear in Saturday’s debate and the lack of money are key detonates that makes it impossible to go forward in the campaign.

His actions seem to demonstrate the sources may be right. The New Jersey Governor canceled campaign events in South Carolina on February 10.

Christie’s departure would leave eight Republicans still in the race to represent the party in which businessmen Donald Trump has been dominating. Let’s remember the GOP race once had 17 candidates.

Up to now, there is a formal resignation for the November 8 presidential race in the GOP party. Carly Fiorina, the only woman in the republican field, announced Wednesday, that she is ending her presidential bid after poor showings in Iowa and New Hampshire.

On the democratic side of the race, U.S. Senator Bernie Sanders of Vermont resulted victorious in the state’s caucus, defeating former U.S. Secretary of State Hillary Clinton.

Source: ABC News