Trump Media & Technology Group has been embroiled in a series of controversies, leading to a fluctuating stock market performance. The company's stock, referred to as $DJT, experienced a notable decline of 2.7% in pre-market trading following speculations around its status as a 'meme' stock. This was compounded by a lawsuit filed by Donald Trump against the co-founders of Truth Social, a subsidiary of Trump Media, accusing them of mismanagement and causing delays in the platform's public launch. The lawsuit aims to force the co-founders to forfeit their shares and relinquish any claims to the company's leadership. Amidst these developments, Trump Media announced it was flush with $200 million in cash and debt-free, a statement that contrasts with the legal and financial challenges it faces. Furthermore, the company's financial stability was questioned when it was revealed that it had received loans from a trust run by a Russian associated with a shady Caribbean bank. The stock's volatility has attracted attention from short-sellers, with reports indicating that shorting $DJT stock could incur a fee of up to 500%. Despite the controversies and legal battles, Trump Media's stock saw a brief resurgence, resisting short-selling pressure.