Trump Media, led by CEO Devin Nunes, alerts Nasdaq CEO Adena Friedman of potential market manipulation of DJT stock, citing concerns over "naked" short selling following a decline in share value since its IPO.
Tags: Trump Media
Donald Trump's Truth Social Site Traffic Increases 55%, Stock Skyrockets at 138%
Financial markets have focused on Trump Media & Technology Group, the parent company of Truth Social, and its spectacular stock rise, reflecting investor mood and political dynamics.
Trump Media Investor Found Guilty of Insider-Trading Case Ahead of Merger
A federal jury in New York convicted an investor on Thursday of insider trading in a shell company's shares ahead of its October 2021 merger announcement with Trump Media.
Donald Trump Net Worth Reaches an All-Time High After Truth Social Stock Jumps Over 10%
Shares of Trump Media soared over 10% on Monday, reaching levels not seen since late March and boosting the net worth of former President Donald Trump to an all-time high.
Trump Media's Auditor Ordered to Pay $14 Million Penalty Over Fraudulent Practices
The SEC charged an auditing firm linked to Trump Media with "massive fraud," resulting in over 1,500 filings being impacted and $14 million in penalties.
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Trump Media shares closed almost 26% higher on Thursday. Trump Media shares surged by almost 26% on Thursday, marking a second consecutive day of strong gains for the company behind the Truth Social app.
After a 63% decrease in DJT's share value, Trump Media has advised shareholders on protecting their stocks from short selling, with detailed instructions now available on their FAQ page.
The stock of Trump Media & Technology Group, the parent company of Trump's social media platform Truth Social, has become a crucial factor in the former president's financial standing ever since the company made its debut on the stock market in March.
Investors in Trump Media & Technology Group's stock witnessed another dip even after its social media platform, Truth Social, announced it was entering the streaming world.
The first auditor appointed by former President Donald Trump's social media company has reportedly resigned after just a brief tenure.
Trump Media faces a 12% stock drop after disclosing plans to sell millions of additional shares, adding to its 60% decline since its debut. Investor confidence wanes.
Georgia Representative Marjorie Taylor Greene has remained mum on details surrounding her investment in Digital World Acquisition Corporation (DWAC), the blank check company that recently merged with Trump Media & Technology Group.
Former President Donald Trump is asking his followers to support his social media platform, Truth Social, as the stock price of its parent company, Trump Media & Technology Group, continues to fall further.
Trump Media's stock price fell below $30 in early trade, down roughly $40 from its March 26 IPO price.
