Trump Media Stock Sees Wild Swings Amid High Valuation and Tricky Trading Dynamics
• Trump Media stock price swinging wildly, with massive day-to-day moves of 5-15% • Extreme volatility due partly to company's high valuation despite little revenue • Tiny number of available shares and sky-high borrowing fees make it hard to short • Stock closely tied to Trump's popularity, so it trades on political sentiment • Retail investors and professional traders fixated on the stock due to Trump link