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 stock rises after company urges SEC probe into alleged short selling and market manipulation by UK-based hedge fund.

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