Why Shares of Digital World Acquisition Corp. Are Rising Today
Shares of the shell company Digital World Acquisition Corp. (NASDAQ: DWAC) were up by 10.3% as of 11:48 a.m. ET Wednesday. DWAC is the special purpose acquisition company (SPAC) planning to merge with Trump Media & Technology Group (TMTG), the parent company of Truth Social, an alternative social media platform backed by former President Donald Trump.