Trump media shares gain as it suggests 'potential market manipulation'
The Star Online - Tech·2024-04-20 08:01
(Reuters) -Shares of Donald Trump's media and technology company rose over 3% on Friday after it asked the Nasdaq exchange to help prevent alleged market manipulation in its shares by so-called "naked" short sellers.
Trump Media & Technology Group wrote to Nasdaq CEO Adena Friedman alerting the exchange to "potential market manipulation" in the stock, it disclosed in a Friday filing with the Securities and Exchange Commission.
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