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Citadel Securities blasts Trump Media CEO Devin Nunes over DJT short-selling letter - TL;DR CNBC

Citadel Securities blasts Trump Media CEO Devin Nunes over DJT short-selling letter

Publishing timestamp: 2024-04-19 13:37:24


Summary

Citadel Securities criticized Trump Media CEO Devin Nunes for blaming falling stock price on 'naked short selling.' Nunes sent a letter to Nasdaq mentioning Citadel Securities and other companies for possible illegal short sale trading in DJT shares. Trump Media has seen its market capitalization drop significantly. Nunes accused brokers of lending non-existent shares for short selling. Citadel Securities responded strongly, questioning Nunes' integrity and accusing him of being a loser. Political connections between Nunes, Trump, and Citadel Securities are highlighted.


Sentiment: NEGATIVE

Tickers: DJT

Keywords: devin nunesdonald trumptrump media & technology group corpbreaking news: politicspoliticsbreaking news: marketsmarketsbusinesssocial mediabusiness news

Source: https://www.cnbc.com/2024/04/19/citadel-securities-blasts-trump-media-ceo-over-djt-short-sale-letter.html


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