Shares of Trump Media (NASDAQ: DJT) are seeing big gains in Thursday's trading. The stock price was up 11.3% as of 3:30 p.m. ET today. It had been up as much as 15.3% earlier in the day. Trump Media is getting a valuation boost following news that the company has requested that the Securities and Exchange Commission (SEC) look into alleged

Parent of President Trump’s Truth Social has complained to the SEC about potential illegal bearish bets made against its stock by a U.K.-based hedge fund.

Trump Media & Technology Group, the parent company of Truth Social, wants the Securities and Exchange Commission to investigate a hedge fund that's shorting its stock, claiming "potential manipulation.