Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

What's Going On With Donald Trump SPAC Digital World Today?

Published 16/11/2022, 14:08
© REUTERS What's Going On With Donald Trump SPAC Digital World Today?
DJT
-

Benzinga - Digital World Acquisition Corp (NASDAQ: DWAC) shares initially surged early Wednesday before pulling back and turning negative. Former President Donald Trump announced a presidential bid for the upcoming 2024 election late Tuesday.

"Ladies and gentleman, distinguished guests and my fellow citizens, America's comeback starts right now," Trump said.

"In order to make America great again, I am tonight announcing my candidacy for president of the United States."

He critiqued President Joe Biden's time in office and highlighted many of the campaign promises that helped him take office the first time.

"Two years ago we were a great nation and soon we will be a great nation again," Trump said.

Related Link: Trump Tears Into Biden In 2024 Presidential Bid — Promises To 'Fight Like No One Has Ever Fought Before'

Digital World is a SPAC set to merge with the former president's Trump Media & Technology Group, which is behind the Truth Social app. Trump's speech at his Mar-a-Lago residence Tuesday night was featured on streaming platform Rumble, which partnered with Trump Media & Technology late last year.

DWAC Price Action: Digital World shares were down 5.79% at $23.91 Wednesday morning, according to Benzinga Pro.

Photo: Gage Skidmore from Flickr.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.