NusaTrip Denies Involvement in Price Manipulation Activities

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Oct 28 2025

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NusaTrip's Response to SEC and Nasdaq: On October 15, NusaTrip responded to a request from Nasdaq for information following a trading suspension ordered by the SEC due to potential manipulation of its securities.
SEC's Concerns: The SEC suspended trading from October 9 to October 22, citing concerns over recommendations made via social media that could artificially inflate the price and volume of NusaTrip's securities.
Ongoing Trading Halt: Despite NusaTrip's response, Nasdaq has continued to halt trading of the company's securities without providing a specific timeline for resolution.
Company's Position: NusaTrip asserts it has not engaged in any price manipulation and encourages investors to rely on official communications and SEC filings for updates.

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About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.