Former Trump Aide Powell Pleads Not Guilty To Georgia Election Subversion Charges
Portfolio Pulse from Benzinga Newsdesk
Former Trump aide, Powell, has pleaded not guilty to charges of subverting the Georgia election, according to a court filing.
August 29, 2023 | 5:09 pm
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NEUTRAL IMPACT
The news about the former Trump aide may indirectly affect DWAC, a SPAC related to Trump's new social media venture.
While the news is about a former Trump aide, it may indirectly affect the perception of Trump-related ventures, including DWAC. However, the direct impact on the stock is uncertain.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
The news is unlikely to have a direct impact on SPY, an ETF that tracks the S&P 500.
SPY is a broad-based ETF that tracks the S&P 500. It is unlikely to be directly affected by news about a single individual's legal issues.
CONFIDENCE 90
IMPORTANCE 10
RELEVANCE 10