DWAC: Trump Merger Could Close Next Week Bringing Volatility

Summary:

  • On Friday the 22th, Digital World will hold a meeting of shareholders to vote the merger with Trump Media.
  • After this, the merger could be closed quickly and the resulting company with stock symbol DJT could commence trading on the Nasdaq next week.
  • The potential media coverage could result in significant volatility and a large price movement.
  • Over the long term, I simply do not see this company becoming a decent investment, but in the short term, traders could make money during upcoming events.
Screen with stock exchange information.

Torsten Asmus

The Trump SPAC Digital World Acquisition Corp. (NASDAQ:DWAC) is planning on merging with Trump Media & Technology Group. On Friday the 22th, DWAC will hold a meeting of shareholders to vote on the approval. This merger was already announced


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