Citadel Securities, whose founder is Ken Griffin, was mentioned in a the letter by Trump Media CEO Devin Nunes. Donald Trump owns most DJT shares
Citadel Securities ripped Trump Media CEO Devin Nunes for a letter he sent the Nasdaq Stock Market which mentioned Citadel Securities and other major market companies after warning of possible illegal short sale trading in DJT shares.
"Devin Nunes is the proverbial loser who tries to blame 'naked short selling' for his falling stock price," a spokesperson for Citadel Securities said.would have fired on The Apprentice," said the spokesperson referring to the former Republican president's business competition reality TV show. While Trump Media's share price has risen strongly in the past three days, it is still trading at about $26 per share lower than its debut opening price on March 26.
Nunes suggested that Trump Media's price had been used for so-called naked short selling, a practice in which traders sell shares of a company that the seller had not actually borrowed for that purpose.. Citadel Securities has been the only one of those four companies to comment on Nunes' letter, and the strong language in its response is striking, particularly because of the political background of people involved in Trump Media and Citadel Securities.
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