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.”

Topics:  trump media   cnbc    the   trump media s   djt   march   truth social   short sellers   stock   price   
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