Trump Media says 'manipulation' is hurting its stock — and it wants the Nasdaq to help investigate
'...the CEO of Trump Media & Technology Group — raised concerns Tuesday about "manipulation." Nunes wants to investigate whether "Wall Street insiders" are engaged in "naked" short selling of the stock, which trades under the DJT ticker. Illegal naked short sales involve shares that haven't actually been borrowed. He and Trump Media have been trying to crack down on short-sellers who've been betting against Truth Social — whom many of its supporters have blamed for its bumpy performance. ...'
Reference: markets.businessinsider.com
Tags:
