share_log

Investor Who Once Backed Short Selling Ban Considers Bet Against Trump Media: 'Biggest Pump And Dump Stock In History'

Benzinga ·  Mar 28 22:56

The Wall Street debut ofTrump Media & Technology Group(NASDAQ:DJT) has stirred a hot debate on the valuation of the company and how bets against the stock given its meme stock potential could be a bad idea.

An investor who previously supported a ban on shorting stocks could be ready to make an exception for Trump Media.

Calcanis Says DJT 'Madness':Trump Media & Technology Group (TMTG) made its public debut Tuesday, March 26 after completing a SPAC merger withDigital World Acquisitionthat was announced in October 2021.

After several delays and setbacks, TMTG is now a public company and has...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment