Shares of Digital World Acquisition (DWAC) surged on Tuesday following former US President Donald Trump’s winning of the Iowa caucus, with 20 delegates from the state set to vote for Trump at the Republican National convention. The company is known for financially backing Trump’s social media platform, Truth Social, to go public.
Yahoo Finance anchors Josh Lipton and Madison Mills break down the latest developments for the company and what Trump’s win could mean going forward.
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