Trump Stock (DJT): Brace for the Mother of All Short Squeezes

The shares of Trump Media have surged by triple digits in approximately two weeks, marking a significant reversal from the bearish trend following its highly anticipated IPO. DJT shares surged 120% since mid-April, hitting $50 per share, partially reversing a sharp decline post-IPO. Despite weak fundamentals, DJT’s trading mimics meme stock volatility, fueled by speculation…