The share price of a special purpose acquisition company that plans to merge with a media group connected to former President Donald Trump nearly quadrupled on Thursday, following an announcement late Wednesday night that Trump planned to launch a new social media company.... [+]Shares of the Digital World Acquisition SPAC were trading at $39.39 early Thursday afternoon—more than 295% higher than the price on Wednesday.
Digital World Acquisition Corp. was the Fidelity platform’s most actively traded stock on Thursday, with “buy” orders outnumbering “sell” orders nearly three to one.
Is it a case of The Emperor has no Clothes?
Talk to me in 6 months
I'm ready to buy
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Why
Trump selling naked unregistered shares in $DWAC bout now...
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WeWork debuts on the public markets after SPAC merger, stock up in early tradingThe office-leasing company halted initial plans for an IPO in 2019 after investors raised concerns over its business model and then-CEO Adam Neumann.
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WeWork’s Ousted Cofounder Adam Neumann Regains Billionaire Status As Company Goes Public Via SPACChastened cofounder Neumann—no longer an executive at WeWork—retained a stake in the office rental company and has received fat separation payouts. The Best thing for $WE now is to distance themselves as much as possible from Neuman Only the non-ginger buns are supposed to be gaining billionaire status these days
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Donald Trump Announces Launch of Media Company, Social PlatformTrump says his goal in launching the Trump Media & Technology Group and its 'TRUTH Social' app is to create a rival to the Big Tech companies that have shut him out and denied him the megaphone that was paramount to his national rise. Who gives a fuck Didn't he already try this Watch this fail as well!!!
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