Trump Media stock: Short sellers pile in after TAE fusion-deal rally — what to watch next
Trump Media shares closed up 4% at $13.77 Friday, while short interest rose to nearly 16 million shares, or $218 million, after its merger plan with TAE Technologies. The stock has climbed over 30% since the Dec. 18 announcement but remains down nearly 60% from a year ago. Traders await new merger filings and updates on the deal’s timeline.