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At DWAC’s opening share price Friday, that would be worth around $3 billion or more, although it is not clear what the merged company’s opening share price will be.
After a massive move, the stock market is taking a bit of a break on Friday, but that didn’t stop the S&P 500 from notching a new record high on the day. Let’s look at a few top stock trades ...
At Tuesday's closing price of $57.99, Trump Media had a market cap of around $8 billion. ... short interest in DWAC stock — bets that the stock price ... Former President Donald Trump awaits the ...
DWAC stock has been largely stuck in neutral for the past year, trading in the $13-$17 range. About a month ago, it began to climb sharply, much like a meme stock, more than doubling its price in ...
As of the close of business on September 23, 2024, the stock's share price had fallen to $12.15, some 84 percent below its March high of $79.38. [43] However, over the following month, it recovered much of this loss. [44] On November 5 (Election Day), trading was halted twice for volatility. [45]
Digital World Acquisition Corp. (DWAC), founded in 2021, was an American special-purpose acquisition company (SPAC), a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
Shares of Trump Media sank Monday to their lowest price since 2021, ... News of that deal sent shares of DWAC soaring more than 350%. The stock declined in the intervening years, before surging ...
The DWAC stock opened up trading that day at $118.80 and finished around $67. Bucshon bought DWAC stock on Oct. 25, 2021, for anywhere between $1,000 and $15,000, according to a financial disclosure.