Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock
Publishing timestamp: 2024-04-19 12:45:41
Summary
Trump Media has warned Nasdaq of potential market manipulation of the company's DJT stock due to "naked" short selling. The company's share price has dropped significantly since going public, and Trump Media CEO Devin Nunes has raised concerns about unlawful trading activity. Nunes pointed to circumstantial evidence and requested steps to ensure compliance with regulations. Nasdaq and Citadel Securities responded to the allegations.
Sentiment: MIXED
Keywords: devin nunes, donald trump, trump media & technology group corp, laws, markets, politics, business, social media, breaking news: markets, breaking news: politics, virtu financial inc, business news, weather,