What's Going On With Donald Trump Related Digital World Acquisition Stock Today

Digital World Acquisition Corp DWAC shares are up Tuesday for no company-specific news.
The Donald Trump-backed SPAC has been through a lot since Elon Musk reinstated the former U.S. President's account on Twitter.
Musk welcomed Trump back to the Twitter social media platform after acquiring it for $44 billion.
Also Read: Trump's Son-in-Law Jared Kushner Shrugs Off Rumors He Tipped Off FBI On Mar-a-Lago Documents — 'Absolutely Not True'
DWAC named Eric Swider interim CEO in March 2023 after terminating Patrick Orlando as CEO and Chair.
In April, the company named Frank Andrews as board Chair and Katherine Chiles as CFO.
The SPAC regained compliance with Nasdaq's listing standards in April 2023 by filing its 10-K report.
Trump's legal woes also made a significant impact on the stock prices. In April, Trump faced an arrest on dozens of charges related to hush payments to adult film star Stormy Daniels.
The stock is down by 18% YTD and 43% in the last half.
Price Action: DWAC shares traded higher by 0.69% at $13.05 on the last check Tuesday.