NusaTrip Faces SEC Trading Suspension Over Suspected Stock Manipulation

Reuters10-28

NusaTrip Faces SEC Trading Suspension Over Suspected Stock Manipulation

NusaTrip Inc. announced that it responded to a request from Nasdaq for information following a temporary suspension of trading in its securities. The suspension was ordered by the U.S. Securities and Exchange Commission (SEC) due to concerns about potential manipulation of NusaTrip's stock through social media recommendations that appeared intended to artificially inflate the price and trading volume. NusaTrip stated it has not engaged in any price manipulation and is fully cooperating with both Nasdaq and the SEC. Trading in NusaTrip's securities remains halted, with no specific timeline provided for resolution. The company advised investors to rely solely on official press releases and SEC filings for updates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nusatrip Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9563465-en) on October 28, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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