Did short selling for Trump Media “more than double” between July 1 and July 12, 2024, making the stock “plummet one day before the assassination attempt” against the company’s co-founder, Republican presidential nominee Donald Trump? No, that’s not true: The company, which owns the Truth Social platform, saw an upward trend that started on July 10, 2024 — three days before the shooting at the Trump rally in Pennsylvania. Posts on social media recycled erroneous financial filings that covered June, not July, and did not show any data specific to short selling.
The claim appeared in a post (archived here) on X, formerly known as Twitter, on July 17, 2024. It included a retweet of an early post from that day from the same account, which said: