Trump Media is making a point of telling its shareholders how to prevent their stock from being loaned to short sellers — who bet the price of the shares will drop.
Donald Trump's Truth Social stock could bring him financial woes if its share value continues to decline. Trump owns almost 60 percent (78.75 million shares) of Trump Media & Technology Group (TMTG) whose primary asset is the social media platform Truth Social.
Despite Trump Media’s recent stock slides, the former president is about to be awarded another 36 million shares. Things have gone very badly for shareholders of Trump Media & Technology Group Corp.,
The price of shares in the company that merged with Donald Trump's social media group have hit a three-month low. Trump holds almost 60 percent of Trump Media & Technology Group, which runs the Truth Social platform as its primary asset.
Shares of Truth Social's parent rose in another volatile session, extending a roller-coaster stretch of trading for Donald Trump's social-media startup. The stock, which trades under the ticker DJT, is still well below its peak from late last month.
Shares of Donald Trump's media and technology company were up more than 3% on Friday after it asked the Nasdaq exchange to help prevent "naked" short-selling in its shares.
Trump Media alerted Nasdaq Inc. on Thursday of suspected illegal short-selling activity that may be considered market manipulation, according to a letter Devin Nunes, the CEO of Trump Media, sent to the chair and CEO of Nasdaq.
Trump Media stock climbed almost 26% on Thursday to close at $33.19 per share, ending its second day of gains with a market capitalization of $4.54 billion. The stock began its tu
The stock has since plummeted, and TMTG CEO Devin Nunes thinks some short sellers aren’t playing fair. Nunes wrote a letter to Nasdaq CEO Adena Friedman on Thursday asking her t
Former President Donald Trump is riding a net worth roller coaster as his eponymous media company stock plummets, recovers and positions itself to plummet again, according to a new analysis. And like a roller coaster rider,
Trump Media shares surged over the most recent two trading days — but the company continues to weather a miserable run since its stock market debut last month.
Trump Media and Technology Group, the parent company of Truth Social, is scrambling to stop short sellers from tanking its share values. NBC News reports that Trump Media this week sent around suggestions to shareholders to prevent their shares in the company from winding up in the hands of short sellers who are essentially betting on the