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Institution Estimates Short-sellers of Trump Media (DJT.US) Lose US$400M+ in Total
Financial analysis firm S3 Partners said that short-sellers of Trump Media (DJT.US) lost a cumulative US$420 million after the stock tracked the odds of Trump winning the US electi...
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Institution Estimates Short-sellers of Trump Media (DJT.US) Lose US$400M+ in Total
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Financial analysis firm S3 Partners said that short-sellers of Trump Media (DJT.US)      lost a cumulative US$420 million after the stock tracked the odds of Trump winning the US election, Reuters reported.

Short-sellers faced a loss of US$77 million after Trump was elected. Trump Media shot up 1.96 times in aggregate in the past six weeks. Yesterday (6th), the stock surged 34.8% to US$45.76 at one point, and the closing price was US$35.96, up 5.9%. The market cap is nearly US$7.2 billion.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsInflation Rate YoY for Oct in United States is 2.6%, higher than the previous value of 2.4%. The forecast was 2.6%.

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