Trump Praises Supreme Court's 'Important Decision' On 2024 Ballot Eligibility: 'It's A Very Big Day For America, Very Big Day For Liberty'
Portfolio Pulse from Chris Katje
The U.S. Supreme Court ruled to reinstate Donald Trump on the Colorado state ballot for the 2024 presidential election, overturning a previous decision based on the 14th Amendment's Insurrection clause. Trump hailed the decision as a victory for liberty and democracy, emphasizing that it's up to voters to decide election outcomes. He also discussed an upcoming Supreme Court case on presidential immunity related to actions taken during his presidency. Additionally, Trump criticized President Biden's border policies and opposed a bipartisan border security bill. Digital World Acquisition Corp (DWAC) shares rose 14% following the news.
March 04, 2024 | 7:37 pm
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Digital World Acquisition Corp (DWAC) shares rose 14% following the Supreme Court's decision to reinstate Donald Trump on the Colorado ballot for the 2024 presidential election.
The surge in DWAC shares is directly linked to the Supreme Court's decision favoring Trump, as DWAC is in the process of taking Trump Media & Technology Group public. Positive news for Trump often leads to increased investor optimism about DWAC's future prospects, hence the stock price increase.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90