It’s not clear why investors sent shares of those companies soaring Friday, although the stocks tend to swing wildly — surging and plummeting — when Trump makes news. Shares of Digital World Acquisition Corp., the blank-check firm seeking to merge with Trump’s media venture, rose 10% Friday in premarket trading. Phunware\n \n , the company that developed the Trump campaign’s mobile app for the 2020 presidential race, gained 4%.
shares soared after Republicans won the House of Representatives in November 2022 . announced plans in October 2021 to acquire Trump Media & Technology Group, owner of the Truth Social app. The former president is the chairman and a major shareholder of TMTG. But the deal between and TMTG has failed to come to fruition, as a shareholder vote on the transaction had been delayed several times before it ultimately failed in September 2022. The controversial merger has also been stalled by legal scrutiny. The Justice Department is investigating the acquisition, in addition to the SEC. In late June, Digital World revealed its board members had received subpoenas from a federal grand jury in the Southern District of New York related to due diligence regarding the deal.
still jacking off in that corner over this cnn? WTF you all will see who laughs last... How are those ratings? YOU ARE THE DEEP STATE MOUTHPIECE. Nobody is listening, just laughing at this failed Marxist institution
Political persecution for a non crime already dismissed by FEC. Bragg should be arrested! Campaign finance law violations are not felonies. Ask Hilary. Guaranteed re-election! Thank you Democrats!!!
This is why I vote Republican
Because Wall Street and traders are criminals just like trump
Stalin: show me the man, I’ll show you the crime.