Why Trump Media Stock Soared Today [Yahoo! Finance]
Digital World Acquisition Corp. - Units (DWACU)
Company Research
Source: Yahoo! Finance
The stock surged as high as $79.38 today, and closed at $57.99, 16% higher than where the ticker it took over closed the previous day, and with a market cap of about $2.1 billion. Truth Social parent finally goes public Years after the merger between Digital World Acquisition and Trump Media was first announced, the day of the combination has finally come. Trump Media stock seems as much of a bet on Donald Trump and his brand as anything else. The business is led by former Congressman Devin Nunes, who said that "we built this company to protect the American people's voices and their freedom," and the company sees itself as an alternative to big tech platforms, billing itself as a free speech alternative. In addition to Truth Social, the company also plans to launch TMTG+, a video streaming service focused on "non-woke" entertainment, news, documentaries, podcasts, and other programming. Will Trump Media thrive or dive? Truth Social was launched shortly after Trump lost th
Show less
Read more
Impact Snapshot
Event Time:
DWACU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DWACU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DWACU alerts
High impacting Digital World Acquisition Corp. - Units news events
Weekly update
A roundup of the hottest topics
DWACU
News
- Biden's attempt to mimic Trump's namecalling backfires after 'Broke Don's' stock soars [FOX Business Network]FOX Business Network
- How DJT Stock Might Become an ETF Holding [Yahoo! Finance]Yahoo! Finance
- Trump Media stock soars 59% after Truth Social parent adopts 'DJT' ticker symbol [Yahoo! Finance]Yahoo! Finance
- Why Rumble Stock Skyrocketed Today [Yahoo! Finance]Yahoo! Finance
- Truth Social Is on Fire, But Will the Hot Streak Last? [Yahoo! Finance]Yahoo! Finance