Digital World Acquisition Corp. shares are trading higher after Ron DeSantis ended his presidential campaign. Digital World Acquisition Corp is the business combination partner of Trump Media & Technology Group.
Portfolio Pulse from Benzinga Newsdesk
Shares of Digital World Acquisition Corp. (DWAC) have risen following the termination of Ron DeSantis's presidential campaign. DWAC is set to merge with Trump Media & Technology Group.
January 22, 2024 | 3:06 pm
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Digital World Acquisition Corp.'s stock price has increased after the news of Ron DeSantis ending his presidential campaign, which may affect investor sentiment.
The termination of Ron DeSantis's presidential campaign is likely to be viewed positively by investors who support the political alignment of Trump Media & Technology Group, thereby potentially increasing investor sentiment and demand for DWAC shares in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100