Saba Capital Sold Its Unrestricted Digital World Acquisition Corp. Shares Early Thursday
-Bloomberg citing NY Times
54 Biggest Movers From Yesterday
Gainers
Digital World Acquisition Corp. (NASDAQ: DWAC) shares climbed 356.8% to close at $45.50 on Thursday following an announcement the company will merge with Trump Media & Technology Group.
Making SPACs Great Again? Trump Stock DWAC Surges 356%, Shines Attention On Out-Of-Favor Sector
On Thursday, a SPAC deal was announced to bring a new social media platform and other businesses from former President Donald Trump to the public markets.
Phunware Shares See Volume; Traders Circulate Article From May 2020 Highlighting Partnership Between Phunware And Trump Campaign. BZ NOTE: Former President Trump Is Taking His Media Company Public Via SPAC With DWAC
https://www.usatoday.com/story/tech/2020/05/27/donald-trump-reelection-app-phunware/5271268002/
Donald Trump Announces New Social Media Platform ‘TRUTH Social:’ All You Need To Know
Former President Donald Trump is all set to launch his own social media platform, which would be publicly traded.
What Happened: The move was announced in a statement shared by Trump Media & Technology Group (TMTG) on Wednesday.