"Trump Media Stock Surges Amid Market Manipulation Concerns"

Shares of Donald Trump's media and technology company rose over 3% after it asked Nasdaq to help prevent alleged market manipulation by "naked" short sellers. Trump Media CEO Devin Nunes suggested "naked" short-selling was to blame, citing the stock being on Nasdaq's Reg SHO threshold list. He did not accuse specific firms or individuals but noted that just four market participants were responsible for over 60% of the extraordinary volume of DJT shares traded. Nasdaq did not immediately respond to a request for comment, but a spokesperson stated the exchange is committed to transparency and integrity in all markets.