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Trump Media & Technology Group Corp. (NASDAQ: DJT) shares surge as company sends letter to Nasdaq about suspected short-selling, seeks transparency and compliance.
Editor’s Note: We have updated the story with comment from Citadel’s spokesperson in paragraph 7, and Truth Social’s response to Citadel in last paragraph Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading higher on Friday. In an exchange filing, the company said it sent a letter to Nasdaq regarding suspected short-selling activity in its shares. “As you know, “naked” short selling—selling shares of a stock without first borrowing the shares deemed difficult to locate—is genera