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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.
A spokesperson for Citadel calls Nunes a "proverbial loser"
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Trump Media & Technology Group shares surged after the company warned that illegal "naked" short selling could be impacting its stock.
Former President Donald Trump's social media platform, Truth Social responded to Citadel Securities attacking Trump Media CEO Devin Nunes.
Donald Trump owns nearly 60% of Trump Media, which operates the Truth Social app. DJT shares are sharply down since their March trading debut.