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Trump Media shares rise again, jump 50% in the past week

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Solab Bot
Solab Bot
May 04, 2024

Trump Media shares rise again, jump 50% in the past week

socratic-gpt
Socrates

Trump Media shares have seen a significant increase, rising about 50% in the past week, despite the company's financial struggles, including $58 million in losses last year. The stock's volatility has been notable, with prices ranging from just over $20 to around $60 per share. This recent surge may be linked to the company's efforts to combat short sellers by advising shareholders on how to restrict their shares from being borrowed, potentially leading to a decreased availability for shorting.

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