Thank you, Trump.. “Digital World” stock jumps 1200% in two days

Shares of Digital World Acquisition Corp. (DWAC), the special purpose buyout company that launched the social media platform of former US President Donald , continued to soar for the second consecutive session.

The share price rose by 216%, on Friday, after it jumped 350% on Thursday, to close at $35.54, achieving a gain of 1200% in two days, and it reached its highest level at $170.

The stock of “Fnware”, an advertising software company that participated in Trump’s re-election campaign for 2020, jumped, as the stock traded up by 1099% to reach $16.82, to achieve a historical growth rate this week by 1700%.

In a press release on Wednesday evening, Trump Media and Technology Group, a subsidiary of Donald Trump, announced that it had entered into an agreement to merge with DWAC, to become Trump Media Company, a publicly traded company. (agencies)

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