Trump Media shares plummet more than 5% as hot streak for DJT ticker stalls
Publishing timestamp: 2024-05-01 11:59:10
Summary
Trump Media shares fell after briefly rising above $50 per share, despite recent increase. Former President Trump received additional shares as bonus. Short interest in DJT shares is high, with increasing stock borrow fees for short sellers. Short covering has increased in recent weeks. Apple reports earnings soon.
Sentiment: MIXED
Tickers: DJT,
Keywords: markets, donald trump, business, trump media & technology group corp, breaking news: politics, breaking news: markets, politics, social media, business news,
Source: https://www.cnbc.com/2024/05/01/djt-shares-crack-50-as-trump-media-continues-stock-bounce-back.html