Retail traders are putting aside politics for profits when it comes to former U.S. President Donald Trump.
Popular haunts of individual investors such as Reddit and StockTwits lit up this week with news that blank-check company Digital World Acquisition Corp. will merge with Trump Media & Technology Group. The SPAC, which trades under the ticker DWAC, had rocketed up more than 1,200% since Wednesday, with outsize volatility triggering at least 12 trading halts on Friday.
"Media" - Google News
October 23, 2021 at 02:53AM
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Trump's Social Media SPAC (DWAC) Is Skyrocketing, Here's How The Market Feels - Bloomberg
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