The price of shares in Digital World Acquisition Corp. fell by more than 12% after the shell company's shareholders approved a merger with the social media company owned by Donald Trump.The newly merged company, Trump Media, could begin trading under the new ticker DJT next week.DWAC had opened the trading day at $44.20 per share, but tumbled to below $38 at some points after the vote. By noon ET, the share price was down about 3.5% from the open price.Sign up for NBC New York newsletters.
But the value of his forthcoming shares will be lower if DWAC shares do not recover before the merger is completed.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Donald Trump's Stock Drops After DWAC Merger NewsTrump's DWAC merger was approved but the company saw its stock quickly drop amid the former president's civil judgment and campaign funding plans.
Fonte: Newsweek - 🏆 468. / 52 Leggi di più »
Digital World Acquisition Corp: DWAC trades at $1.6B ahead of merger with Trump MediaDigital World Acquisition Corp (DWAC), the beleaguered special purpose acquisition company (SPAC) that has spent years trying to merge with Donald Trump’s social media company, saw its stock skyrocket more than 20% at some point on Wednesday.
Fonte: FXStreetNews - 🏆 14. / 72 Leggi di più »
Trump windfall could top $3 billion after DWAC shareholder vote on social media mergerDonald Trump faces a looming $454 million fraud judgment in New York that state Attorney General Letitita James could start collecting on next week.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »
Trump social media merger approved by DWAC shareholders, deal could net ex-president $3 billionDan Mangan is a reporter covering politics for CNBC.com.
Fonte: NBCNewsHealth - 🏆 707. / 51 Leggi di più »
Trump social media company will go public as DWAC shareholders approve mergerDonald Trump faces a looming $454 million fraud judgment in New York that state Attorney General Letitita James could start collecting on next week.
Fonte: NBCPhiladelphia - 🏆 569. / 51 Leggi di più »