• tal@lemmy.today
    link
    fedilink
    English
    arrow-up
    10
    ·
    7 months ago

    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.