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

Trump Media and Technology (NASDAQ:DJT) sent a letter to the Securities and Exchange Commission on Thursday to look into "suspicious activity" involving the company's stock after Qube Research & Technologies disclosed a short position in the company.

The media company majority owned by President Donald Trump, Trump Media & Technology Group, said on Thursday it had asked the U.S. Securities and Exchange Commission (SEC) to investigate a recent short position in its stocks.