2 Stocks Surging on Donald Trump's Presidential Bid [Yahoo! Finance]
Digital World Acquisition Corp. (DWAC)
Company Research
Source: Yahoo! Finance
All the while, two stocks have seen strong rallies on Trump's chances to make his return to the White House, and they could continue higher following the New Hampshire primary, where Trump is the hands-down favorite. Let's take a look at each. Digital World Acquisition Corp. Digital World Acquisition Corp. (NASDAQ: DWAC ) is a special purpose acquisition corporation (SPAC) that is trying to merge with the former president's Trump Media & Technology Group, which is behind the Truth Social app. Digital World's stock has surged over 175% since Trump's win in Iowa, including a rally of over 88% yesterday. While the valuation of the combined company may be getting a bit rich, there's no telling where traders could take it going forward, especially if the merger with Truth Social closes. Don't Miss: Investing in real estate just got a whole lot simpler. This Dara Khosrowshahi-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. Commerc
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News
- Kevin O'Leary Says 'Thank Goodness the Adults Came to the Rescue' Following Donald Trump's Bond Reduction to $175 Million [Yahoo! Finance]Yahoo! Finance
- Trump Media & Technology Group Stock to Begin Trading Under Ticker Symbol DJT [Yahoo! Finance]Yahoo! Finance
- Trump Media & Technology Group Stock to Begin Trading Under Ticker Symbol DJTGlobeNewswire
- DWAC Soars As Trump Media Deal Closes [Seeking Alpha]Seeking Alpha
- Digital World Acquisition Corp. and Trump Media & Technology Group Corp. Announce Completion of Business Combination [Yahoo! Finance]Yahoo! Finance
DWAC
Sec Filings
- 3/26/24 - Form 4
- 3/26/24 - Form 4
- 3/26/24 - Form 4
- DWAC's page on the SEC website