Comment on Trump Media Seeks to Block Short Sellers

Trump Media Seeks to Block Short Sellers

“Trump Media is telling its shareholders how to prevent their stock from being loaned to short sellers — who bet the price of the shares will drop,” CNBC reports. “The short-selling-prevention tips posted Wednesday on Trump Media’s website come as its DJT stock has sharply fallen in price since it began being public trading on March 26 — and as short sellers have taken a keen interest in the owner of the Truth Social app despite relatively high fees to finance such trades.”

 

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