President Biden mocked Donald Trump for Trump Media’s stock decline in a Pennsylvania speech.
Trump Media CEO Devin Nunes said he would"do whatever it takes" to defend the company's retail investors from possible illegal short selling of its shares.
Trump Media's stock has plummeted starkly from its peak, which Nunes has theorized is at least partially attributable to possible market manipulation."If we have to go to the Congress or if we have to take legal action, we will do whatever it takes to defend our retail investors," Nunes said in an interview with right-wing media outlet Newsmax., his November Republican election opponent, as shares of Trump Media tanked from its more than $70 debut price.
Nunes' Newsmax comments doubled down on his earlier theory that DJT's stock decline is at least partially attributable to alleged illegal market manipulation.
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