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Trump Media & Technology Group is asking Congress to investigate launch an investigation into its suspicions that illegal activity is driving down its share price.

Trump Media Friday disclosed that it has warned the Nasdaq stock exchange of illegal naked short selling of Trump Media & Technology Group shares. Short selling is a way to make money by betting on a stock price to fall.

Trump Media Friday disclosed that it has warned the Nasdaq stock exchange of illegal naked short selling of Trump Media & Technology Group shares. Short selling is a way to make money by betting on a stock price to fall.

Shares of Donald Trumps media and technology company were up more than 3% on Friday after it asked the Nasdaq exchange to help prevent naked short-selling in its shares. Trump Media &...

Trump Media Friday disclosed that it has warned the Nasdaq stock exchange of illegal naked short selling of Trump Media & Technology Group shares. Short selling is a way to make money by betting on a stock price to fall.

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. Trump Media shares have been highly volatile and in recent days have hovered at nearly half their March 26 debut closing price of $57.99. In the letter, Trump Media CEO and former Congressman Devin Nunes suggested "naked" short-selling was to blame.

(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.

:Shares of Donald Trump's media and technology company rose over 3 per cent 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 "pote