• 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.