Digital World Acquisition Corp DWAC shares are trading higher by 9.25% to $15.35 Monday afternoon.
The stock is moving higher after Donald Trump's campaign reportedly raised over $5 million following news of his indictment. Digital World is the business combination partner of Trump Media & Technology Group.
What's Happening?
Former President Donald Trump became the first U.S. president in history to be indicted last Thursday Thursday. Manhattan District Attorney Alvin Bragg's office said the AG is coordinating Trump's surrender, but the indictment remains under seal for now.
Trump's unprecedented indictment leaves Americans with plenty of questions on Friday about Trump's future, the indictment's impact on the 2024 U.S. elections...Read More
According to data from Benzinga Pro, DWAC has a 52-week high of $58.60 and a 52-week low of $12.34.
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