Trump's 2024 Presidential Election Ballot Qualification Reaches Supreme Court: Here's What's At Stake (UPDATED)
Portfolio Pulse from Chris Katje
The Supreme Court is set to hear arguments regarding former President Donald Trump's eligibility for the 2024 election ballot in Colorado, following his removal due to a violation of the 14th Amendment's insurrection clause. This case could influence Trump's presence on ballots in other states and impact the 2024 presidential election. Shares of Digital World Acquisition (NASDAQ:DWAC), merging with Trump Media & Technology Group, may be affected by the outcome.
February 08, 2024 | 4:38 pm
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Digital World Acquisition Corp. (DWAC), associated with Trump Media & Technology Group, may experience stock volatility due to the Supreme Court's decision on Trump's 2024 election ballot eligibility.
Given DWAC's direct association with Trump Media & Technology Group, legal proceedings and political developments involving Trump have historically influenced DWAC's stock volatility. The Supreme Court's decision on Trump's eligibility for the 2024 ballot could significantly impact investor sentiment and DWAC's stock price in the short term, although the exact direction is uncertain.
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IMPORTANCE 75
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