Trumps Truth Social company asks Congress to investigate alleged market manipulation of stock [Video]

Trump Media & Technology Group, the parent company of Donald Trump’s beloved Truth Social, has asked Congress to investigate whether “potential manipulation” of the company’s stock could have caused its share price to plummet.

Former GOP Congressman Devin Nunes, the current CEO of Trump Media & Technology Group, addressed a letter on Wednesday 23 April to four chairs of House committees – Judiciary, Ways and Means, Financial Services, and Oversight and Reform – to look into this “urgent matter”. The company trades under the ticker “DJT”.

“We assess there are strong indications of unlawful manipulation of DJT stock,” Mr Nunes wrote.

He wrote that DJT was “the single most expensive stock to short” on 3 April, meaning that brokers have a “significant financial incentive to lend non-existent shares”. Mr Nunes said there were indicators of “naked” short …