Diamond Member Pelican Press 0 Posted March 22, 2024 Diamond Member Share Posted March 22, 2024 DWAC stock falls after merger approved Jonathan Raa | Nurphoto | Getty Images The price of shares in Digital World Acquisition Corp. fell by more than 12% Friday morning after the shell company’s shareholders approved a merger with the social media company owned by Donald Trump. DWAC had opened the trading day at $44.20 per share, but tumbled to below $38 at some points after the vote. The newly merged company, Trump Media, could begin trading under the new ticker DJT next week. Trump holds a majority of shares in the new company, which would be worth $3 billion or more given Friday’s opening price for DWAC. This is breaking news. Check back for updates. Read more CNBC politics coverage This is the hidden content, please Sign In or Sign Up Breaking News: Politics,Politics,Donald Trump,Digital World Acquisition Corp,business news #DWAC #stock #falls #merger #approved This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/6157-dwac-stock-falls-after-merger-approved/ Share on other sites More sharing options...
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