Trump Media flags Nasdaq on possible short-selling of shares [Yahoo! Finance]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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phx.corporate-ir.net/phoenix.zhtml?c=130125&p=irol-irhome
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Source: Yahoo! Finance
Shares of the stock, which are listed on the Nasdaq under the ticker D-J-T, have seen extreme swings since going public on March 26. "Reports indicate that, as of April 3, 2024, DJT was ‘by far' ‘the most expensive U.S. stock to short,' meaning that brokers have a significant financial incentive to lend non-existent shares. Data made available to us indicate that just four market participants have been responsible for over 60% of the extraordinary volume of DJT shares traded: Citadel Securities, VIRTU Americas, G1 Execution Services, and Jane Street Capital," wrote Nunes in a letter disclosed in a filing with the Securities and Exchange Commission. Citadel is run by billionaire hedge fund investor Ken Griffin. TRUMP MEDIA AND TECHNOLOGY GROUP CEO LETTER TO NASDAQ: READ HERE Short selling allows an investor to profit when a stock goes down in value by borrowing against the purchase and buying it at a cheaper price. Citadel, in a statement to FOX Business, said: "Devin Nunes is
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GME
Earnings
- 3/26/24 - Miss
GME
Sec Filings
- 4/30/24 - Form ARS
- 4/30/24 - Form DEFA14A
- 4/30/24 - Form DEF
- GME's page on the SEC website