Donald Trump Is Winning His Stock Market Battle Against Short Sellers

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Donald Trump's social media platform's stock is appearing to weather financial storms.

Former President Donald Trump's social media company appears to be weathering storms on the stock market, with the stock price remaining steady despite concerns that short sellers would devalue it.

In an apparent effort to avoid this, on April 29, TMTG issued a press release highlighting steps shareholders could take to prevent brokerage firms lending their shares for the purpose of short selling. The release also included a sample email shareholders could send to brokers to opt-out of securities lending programs.

 

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