"Trump's 2024 Bid Sparks Triple-Digit Rally in DWAC and Rumble Stocks"
TL;DR Summary
Digital World Acquisition, a SPAC seeking to merge with Donald Trump's Truth Social, saw its stock soar 239% following Trump's win in the Iowa caucus, as he is expected to secure the Republican Party's 2024 nomination. The company has nine months left to complete the deal, or it will have to return the funds raised from investors. Trump's next election challenge is the New Hampshire primary, where he faces former South Carolina Governor Nikki Haley.
- Donald Trump's first win of the 2024 election season ignites 239% rally in Truth Social-linked SPAC Yahoo Finance
- Trump SPAC has tripled since the Iowa caucuses CNN
- Stock of SPAC buying Trump Media has more than tripled during record win streak MarketWatch
- Trump Fuels Meme-Like Rallies in Stocks Tied to 2024 Bid Yahoo Finance
- Trump stocks DWAC and Rumble are surging? Is it safe to buy? Invezz
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