"Trump Media CEO Accuses Market Manipulation as DJT Stock Rises and Nasdaq Falls"

1 min read
Source: CNBC
"Trump Media CEO Accuses Market Manipulation as DJT Stock Rises and Nasdaq Falls"
Photo: CNBC
TL;DR

Citadel Securities criticized Trump Media CEO Devin Nunes for alleging possible illegal short selling in DJT shares and blaming the company for his falling stock price, prompting a response from Trump Media accusing Citadel Securities of corporate offenses. Nunes' letter to Nasdaq CEO Adena Friedman raised concerns about market manipulation and named Citadel Securities among other major market participants. The strong language in Citadel Securities' response is notable given the political ties between Trump Media and Citadel Securities, including donations from Citadel's founder Ken Griffin to Republican candidates, including Nunes.

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