The CEO of former President Donald Trump’s media and technology company asked Congress to investigate allegations that the company’s stock is being manipulated by traders who are betting on its downfall.
Devin Nunes, CEO of Trump Media & Technology Group and a former Republican congressman, is urging top Republican lawmakers in the House to open an investigation into “anomalous trading” and possibly “unlawful manipulation” of the firm’s stock. The company, which uses the DJT stock ticker and operates Truth Social, made its debut on the Nasdaq last month.
