Trump Media CEO asks House GOP to launch stock manipulation probe

Rep. Devin Nunes, R-Calif., ranking member of the House Intelligence Committee, speaks during an impeachment inquiry hearing in Washington, Nov. 13, 2019. Andrew Harrer | Bloomberg | Getty Images Trump Media CEO Devin Nunes on Tuesday urged House Republican committee leaders to investigate possible “unlawful manipulation” of the company’s stock. Nunes, himself a former House … Read more

Trump Media shares plunge before former president’s stock bonus

Jonathan Raa | Nurphoto | Getty Images Trump Media shares fell 9% Tuesday ahead of an expected earnout bonus for former President Donald Trump. DJT was trading at $32 per share Tuesday afternoon, about 50% below its opening price last month of more than $70. Trump will receive an additional 36 million shares, worth about … Read more

Trump set to get millions more Trump Media shares

Anna Barclay | Getty Images Former President Donald Trump is poised to receive an additional 36 million shares of Trump Media on Tuesday — an “earnout” bonus worth more than $1.25 billion, at Monday’s price. Shares of Trump Media, which owns the Truth Social app, were trading at around $35 per share midday Monday, about … Read more

Trump Media CEO says he’ll do ‘whatever it takes’ to defend DJT investors from short sellers

Devin Nunes, chief executive officer of Truth Social, speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, US, on Thursday, March 2, 2023.  Al Drago | Bloomberg | Getty Images Trump Media CEO Devin Nunes on Friday said he would “do whatever it takes” to defend the company’s retail investors from possible … Read more

Citadel Securities blasts Trump Media CEO over DJT short sale letter

Devin Nunes, chief executive officer of Truth Social, speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, US, on Thursday, March 2, 2023.  Al Drago | Bloomberg | Getty Images Citadel Securities ripped Trump Media CEO Devin Nunes on Friday for a letter he sent the Nasdaq Stock Market which mentioned Citadel … Read more

Trump Media alerts Nasdaq to potential DJT stock manipulation

Jonathan Raa | Nurphoto | Getty Images Trump Media has warned the CEO of the Nasdaq Stock Market of ‘potential market manipulation’ of the company’s stock by “naked” short selling of shares. The warning came as Trump Media has offered shareholders detailed instructions on how to avoid someone loaning out their DJT shares to short … Read more

Trump Media shares soar as DJT stock pares losses

In this photo, a smartphone displays the logo of Donald Trump’s Truth Social app on March 25, 2024. Anna Barclay | Getty Images The share price of Trump Media soared by as much as 21% Thursday, before pulling back a bit in volatile trading. It was the second day in a row of strong gains … Read more

Trump Media tells DJT shareholders how to block short sellers

Jonathan Raa | Nurphoto | Getty Images Trump Media is making a point of telling its shareholders how to prevent their stock from being loaned to short sellers — who bet the price of the shares will drop. The short-selling-prevention tips posted Wednesday on Trump Media’s website come as its DJT stock has sharply fallen … Read more

Former WWE CEO’s life after Janel Grant lawsuit

Vince McMahon (R) and Donald Trump attend a press conference about the WWE at the Austin Straubel International Airport on June 22, 2009 in Green Bay, Wisconsin. Mark A. Wallenfang | Getty Images As he faces a mountain of legal woes, former WWE leader Vince McMahon is traveling, eating out and keeping in touch with … Read more

Trump Media shares fall, Truth Social will launch TV platform

Jonathan Raa | Nurphoto | Getty Images Trump Media shares fell by more than 10% on Tuesday morning after the company announced its Truth Social platform is moving to launch a live TV streaming platform. The plummet of DJT shares came a day after they closed more than 18% lower. Trump Media’s majority shareholder is … Read more