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Trading in Trump social media SPAC halted as stock surges for second straight day
cnbc ^ | 10/22/2021 | Yun Li

Posted on 10/22/2021 6:47:37 AM PDT by redguyinabluestate

Digital World Acquisition Corp., the SPAC that is taking former President Donald Trump’s planned social media platform public, soared Friday following a massive rally in the previous session.

Trading in the stock was halted due to volatility shortly after the opening bell Friday as shares surged for a second straight day.

The SPAC, which trades under the ticker DWAC on the Nasdaq, skyrocketed nearly 190% before the trading halt. The stock surged more than 350% to close Thursday at $35.54 in explosive trading volume and volatility.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: digitalworldacquisit; dwac; presidenttrump; socialmedia; spac; truthsocial

1 posted on 10/22/2021 6:47:37 AM PDT by redguyinabluestate
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To: redguyinabluestate

Can’t let the world acknowledge what the prog know, PDJT capitalism is what America wants, not communism.

They will try anything to bring this down.

.


2 posted on 10/22/2021 6:54:50 AM PDT by TLI (ITINERIS IMPENDEO VALHALLA)
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To: TLI

after the halt it trading for 15 seconds then was halted again at 157 LOL


3 posted on 10/22/2021 7:05:01 AM PDT by janetjanet998
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To: redguyinabluestate

Are there any restrictions on who can buy this stock? If not what’s to stop Soros from purchasing a controlling interest?


4 posted on 10/22/2021 7:33:05 AM PDT by Socon-Econ (adi)
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To: redguyinabluestate

If you’ve made some money in this stock, time to get out.

A good rule for when to sell is “too soon”.


5 posted on 10/22/2021 7:40:33 AM PDT by cymbeline
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To: redguyinabluestate

This SPAC is owned by an address in Red China. I want Mr. Trump to have a social media site not under control of the leftist US media giants but also not the CCP.

Yonhong International is blank check company incorporated in the Cayman Islands. HQ Address :
High-Tech 2nd Road 16 Building,
Phase 3 1 Wuhan China


6 posted on 10/22/2021 7:54:07 AM PDT by RicocheT
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