Why Trump’s Merger Partner Digital World Stock Is Headed for All-Time Highs

Why Trump’s Merger Partner Digital World Stock Is Headed for All-Time Highs
Former President Donald Trump speaks during a rally in Perry, Ga., on Saturday, Sept. 25, 2021. Ben Gray/AP Photo
Benzinga
Updated:

Trump-sensitive stock Digital World Acquisition Corp. popped up 4 percent higher shortly after the markets opened on Thursday.

The SPAC, which merged with Trump Media and Technology Group public in October plans to launch its social media app, Truth Social, on Feb. 21. The app will have similar features to Twitter Inc. but posts will be referred to as “truths” as opposed to “tweets.”