Trump Media's Stock Soars Amid Merger and Energy Sector Moves

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Source: Reuters
Trump Media's Stock Soars Amid Merger and Energy Sector Moves
Photo: Reuters
TL;DR Summary

Short interest in Trump Media & Technology Group has increased by 31% following a recent $6 billion merger announcement, indicating some traders expect the stock to decline after a significant rally, with short bets totaling about $218 million.

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