Donald Trump Calls Attorney General 'Political Hack' In Testimony, Says Fraud Trial Is 'Election Interference'
Portfolio Pulse from Chris Katje
Former President Donald Trump testified in a civil fraud trial regarding the business dealings of the Trump Organization. Trump claimed that valuations on several of his properties were 'too high' in previous financial statements. The trial, which also involves Donald Trump Jr. and Eric Trump, is expected to continue until Dec. 22, 2023. Digital World Acquisition (NASDAQ:DWAC), the SPAC set to take Trump Media & Technology Group public, saw its shares rise by 1.48% on Monday.
November 06, 2023 | 9:30 pm
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Digital World Acquisition Corp's stock price rose by 1.48% amid the ongoing civil fraud trial involving Donald Trump. The SPAC is set to take Trump Media & Technology Group public.
The ongoing civil fraud trial involving Donald Trump, who is associated with Trump Media & Technology Group, a company set to go public via DWAC, has brought attention to the SPAC. This has likely contributed to the rise in DWAC's stock price.
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