Digital World Acquisition Corp. shares are trading lower following the resignation of the company's auditor.
Portfolio Pulse from Benzinga Newsdesk
Digital World Acquisition Corp.'s (DWAC) shares are trading lower after the company's auditor resigned.
August 04, 2023 | 11:41 am
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NEGATIVE IMPACT
The resignation of the auditor at Digital World Acquisition Corp. has led to a decrease in the company's share price.
The resignation of an auditor is often seen as a red flag by investors, indicating potential financial irregularities or instability within the company. This can lead to a decrease in investor confidence and a subsequent drop in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100