Trump Media suspects illegal short sellers targeting stock
Trump Media’s leadership claimed the company is being targeted by illegal short sellers hoping to drive down the price of shares.
Cheddar
Trump Media & Technology Group has fired another salvo in its war on short sellers betting against Donald Trump’s namesake social media company.
Devin Nunes, CEO of Trump Media, has asked the Nasdaq to cooperate in investigating the alleged market manipulation of the company’s shares.
He is seeking trading information from 13 financial firms and wants the Nasdaq to “fulsomely cooperate with any and all congressional or other investigations into these firms.”
“DJT stock is held by more than 620,000 shareholders, the vast majority of whom are…
