Trump Media has reported to Nasdaq concerns of potential market manipulation involving 'naked' short selling of its stock, identified by the ticker DJT. The company has seen its stock price rise notably, marking its best day in three weeks, and has advised shareholders on measures to prevent their shares from being loaned to short sellers. This strategy is aimed at curbing the impact of short sellers betting on the decline of the stock's value. Additionally, Trump Media's actions include a formal alert to Nasdaq about the suspected illegal trading activity, which could be detrimental to the stock's performance.
Trump Media is alerting Nasdaq that its stock — trading under the ticker DJT, after former Pres. Trump's initials — may be the victim of "potential market manipulation" due to short-selling activity. https://t.co/qiBedmY6zt
Trump Media says an illegal form of short selling might be behind the battering of its stock and it’s asking regulators at Nasdaq to step in https://t.co/PN8phlMSpu
Amazing response from Citadel Securities to DJT @DevinNunes letter to Nasdaq warning of naked short selling manipulation “Devin Nunes is the proverbial loser who tries to blame “naked short selling” for his falling stock price. Nunes is exactly the type of person Donald Trump…
Trump Media & Technology Group $DJT sends letter to Nasdaq regarding 'naked' short selling https://t.co/rpD9sljJLo https://t.co/03903UxxT9
Trump Media’s ‘DJT’ stock rises again after call to stop ‘naked’ short selling https://t.co/KhTPsmh48b
Trump Media’s DJT stock rises again after call to stop ‘naked’ short selling https://t.co/fFFfXRC8Ip
Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock https://t.co/z7V2TXwaF8
BREAKING: Trump Media, $DJT, has alerted the Nasdaq to potential market manipulation from "naked" short selling of its stock. Naked short selling, also known as uncovered short selling, is a type of securities fraud which hurts the underlying stock. Since $DJT hit its all time… https://t.co/o7EHiGEa7u
$DJT (+10.2% pre) Trump Media alerts Nasdaq to potential market manipulation from ‘naked’ short selling of DJT stock - CNBC https://t.co/kjvGXdAmsw
Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock @CNBC https://t.co/2JjfCngOZo
Trump Media alerts Nasdaq to potential market manipulation from ‘naked’ short selling of $DJT stock: CNBC
Trump Media alerts Nasdaq to potential market manipulation from ‘naked’ short selling of DJT stock - CNBC $DJT https://t.co/r1yqPnx7oE
Trump Media alerts Nasdaq to potential market manipulation from ‘naked’ short selling of $DJT stock - CNBC
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. https://t.co/5FOdAZNPdz
"Trump Media tells DJT shareholders how to block short sellers" 😬 https://t.co/oEKa3RFBVm
DJT Stock Rises. Trump Media’s Swings Could Keep Short Sellers Away. https://t.co/vRfHpUCfmb
Trump Media’s stock ‘DJT’ rises for a change, has its best day in 3 weeks https://t.co/K5fvapmelp