The blank check company that announced a planned merger to take former President Trump’s social media project public has seen shares give back about half of their impressive 1200% rally from last week. Shares of Digital World Acquisition Corp. (DWAC) at Tuesday’s close were down by about 57% from Friday’s peak as investors weighed potential risks that exist beyond believing the company will be able to deliver on building out Trump’s social media platform as promised. Beyond that, there’s the… Source link
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