Advertisement
UK markets close in 4 hours 15 minutes
  • FTSE 100

    8,115.61
    +36.75 (+0.45%)
     
  • FTSE 250

    19,816.08
    +214.10 (+1.09%)
     
  • AIM

    755.45
    +2.33 (+0.31%)
     
  • GBP/EUR

    1.1662
    +0.0006 (+0.05%)
     
  • GBP/USD

    1.2518
    +0.0007 (+0.06%)
     
  • Bitcoin GBP

    51,254.42
    +465.20 (+0.92%)
     
  • CMC Crypto 200

    1,383.32
    -13.22 (-0.95%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CRUDE OIL

    84.10
    +0.53 (+0.63%)
     
  • GOLD FUTURES

    2,359.80
    +17.30 (+0.74%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,050.60
    +133.32 (+0.74%)
     
  • CAC 40

    8,039.49
    +22.84 (+0.28%)
     

Why Shares of Digital World Acquisition Corp. Are Falling Today

Shares of the blank check company Digital World Acquisition Corp. (NASDAQ: DWAC) had fallen nearly 9.5% as of 10:42 a.m. ET today due to ongoing legal concerns that could prevent or significantly delay the company's pending merger with Trump Media & Technology Group (TMTG). DWAC is a special purpose acquisition company (SPAC) that is planning to merge with and take public TMTG, the parent company of Truth Social, the alternative social media platform backed by former President Donald Trump.