Not my area of expertise, but I would imagine that some people -- if they're confident that the company will dramatically drop in value -- have purchased put options and that those won't trigger until a lower point.
Trump Media’s share price is down 45% for the month to date.
That's still a pretty dramatic drop.
I heard that the amount of people shorting Truth Social was extreme. It's probably the same with this one.
only 8?
Not my area of expertise, but I would imagine that some people -- if they're confident that the company will dramatically drop in value -- have purchased put options and that those won't trigger until a lower point.
That's still a pretty dramatic drop.
I heard that the amount of people shorting Truth Social was extreme. It's probably the same with this one.
....it's the same one.
Trading day ain't over yet