Citadel Securities Fires Back at Trump Media Amid Allegations of Illegal Short-Selling, Calls CEO 'Loser'
Benzinga
Benzinga
  • 7 days ago
A Citadel Securities spokesperson called Trump Media's CEO Devin Nunes a "loser" after Trump Media accused Citadel of manipulating the stock price with illegal naked short selling. The spokesperson stated that Nunes lacks ability and integrity. Trump Media fired back, claiming that Citadel Securities has a history of offenses related to naked short selling and mistreating retail investors. The conflict comes amid a significant decline in Trump Media shares, which plummeted further after the company registered many shares for potential sale. Former President Donald Trump holds a 58% stake in Trump Media.
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