Trump Media warns Nasdaq of suspected market manipulation

KRDO

Center

High Factuality

Media Conglomerate: News-Press & Gazette Company

Trump Media warns Nasdaq of suspected market manipulation

By Elisabeth Buchwald, CNN New York (CNN) — 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. In the letter, Nunes laid out what he believes could be deemed “naked” short selling of shares of the parent company to former President Donald Trump’s Truth Social. Naked shor…

CNBC

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Mixed Factuality

Individual: Roberts Family

Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock

Benzinga

Center

High Factuality

Trump Media & Technology Group Allege Naked Short Selling, Seek Nasdaq's Intervention (Update-2) - Trump Media & Technology (NASDAQ:DJT)

Editor’s Note: We have updated the story with comment from Citadel’s spokesperson in paragraph 7, and Truth Social’s response to Citadel in last paragraph Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading higher on Friday. In an exchange filing, the company said it sent a letter to Nasdaq regarding suspected short-selling activity in its shares. “As you know, “naked” short selling—selling shares of a stock without first borrow…

MarketWatch

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High Factuality

Media Conglomerate: Murdoch Family

Trump Media’s ‘DJT’ stock rises again after call to stop ‘naked’ short selling

Shares of Trump Media & Technology Group Corp. rallied Friday and were headed for a third straight gain after the parent company of Donald Trump’s social-media platform Truth Social asked regulators to look into potential illegal selling activity.

KWWL

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High Factuality

Independent: Quincy Media

Media Conglomerate: Gray Television

Trump Media warns Nasdaq of suspected market manipulation

New York (CNN) — Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.