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0.000279314152004967 0.00302766000616614 0.000260868877815916 0.00544399092492514 -0.0152858622243418 -0.00896176821668453 -0.00395519379395561 0.00315941196465889
Stock impact report

Trump's Truth Social company asks Congress to investigate alleged market manipulation of stock [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
Former GOP Congressman Devin Nunes , the current CEO of Trump Media & Technology Group, addressed a letter on Wednesday 23 April to four chairs of House committees – Judiciary, Ways and Means, Financial Services, and Oversight and Reform – to look into this “urgent matter”. The company trades under the ticker “DJT”. “We assess there are strong indications of unlawful manipulation of DJT stock ,” Mr Nunes wrote. He wrote that DJT was “the single most expensive stock to short” on 3 April, meaning that brokers have a “significant financial incentive to lend non-existent shares”. Mr Nunes said there were indicators of “naked” short selling, or selling shares without first borrowing them. Data indicates that “four market participants” – Citadel Securities, VIRTU Americas, G1 Execution Services, and Jane Street Capital – have been responsible for more than 60 per cent “of the extraordinary volume of DJT shares traded”, the CEO claimed. He requested that the Congressional chairs inv Show less Read more
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