"Potential Fed Rate Cut Sparks Market Shifts and Economic Speculation"
Stocks making significant moves in premarket trading include Trump Media & Technology, Apple, and Super Micro Computer, among others.
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Trump Media And Technology
All articles tagged with #trump media and technology
"Trump Media's Stock Rollercoaster: From Surge to Suspected Manipulation"
Trump Media & Technology CEO Devin Nunes alleged market manipulation in a letter to Nasdaq, claiming extreme swings in the stock price since its IPO on March 26. He pointed to short-selling and identified four market participants responsible for over 60% of the trading volume. The company, listed under the ticker D-J-T, has not generated revenue and lost over $58 million in 2023. The allegations come as former President Donald Trump is on trial in New York City, and jury selection is underway.