The stock price of Trump Media plunged by more than 17% in after-hours trading Tuesday after the Truth Social app owner said its registration of additional shares had been declared effective by the Securities and Exchange Commission. Trump Media, which trades under the DJT ...
Tuttle added there is also probably a “massive short squeeze” caused by ill-timed short bets against the value of the stock in recent days. When a stock price starts to rise sharply, traders who bet against it are forced to buy back the stock to limit their losses. And that in turn...