Trump Media is blamed for stock swings by short sellers

Trump Media & Technology Group (DJT) shares slide further Monday morning as the Truth Social parent company sees major declines since going public. CEO and former California Congressman Devin Nunes pushed back against short-sellers casting doubt on the company's performance. Morning Brief Anchors Seana Smith and Brad Smith break down the volatility behind this stock.

Short sellers blamed by Trump Media for stock swings in warning letter to Nasdaq. Trump Media blames naked short selling as the culprit behind the stock's swings. Short sellers have been blamed for swings in the stock market for the past two years. Short selling is blamed for the swings of the Nasdaq stock market.

Trump Media Advises ‘Long-Term’ Investors on Thwarting Shorts After Stock Selloff. Trump Media's meteoric stock gains made the former president billions on paper. A rapid selloff wiped out more than two-thirds of the advance before the selloff.