Investors haven’t seen much news regarding non-fungible tokens (NFTs) recently. But that changed earlier this week when Donald Trump announced that he would be venturing into the digital asset space. The former president turned many heads earlier this week when he confirmed plans to launch a line of digital Trump trading cards. These digital assets…
Category: NASDAQ:DWAC
25 Stocks to Sell Before They Die
Stocks across the board have plunged in 2022. Even the seemingly invincible tech giants, such as Netflix (NASDAQ:NFLX), have witnessed year-to-date (YTD) declines of over 50%. The crypto market has fallen too, as investors realize that a bet on crypto is essentially a bet on a high-risk asset. The insolvency of FTX drove the price…
Why Is Digital World (DWAC) Stock Moving Today?
Source: rafapress / Shutterstock Digital World Acquisition (NASDAQ:DWAC) stock wasn’t doing so hot today as investors react to the latest election results in the U.S. The big news that traders need to take away from the election is several politicians backed by former President Donald Trump not doing well in their races. This follows Trump…
Why Omicron Is Exactly What Digital World Acquisition Needed
Easily one of the most controversial initial public offerings of 2021, the intended merger between Digital World Acquisition Corp (NASDAQ:DWAC) and Trump Media & Technology Group has generated nothing but buzz. Personally, I don’t care about the political implications of DWAC stock. That people want to read opinion pieces about it is what gets me…
Black Rifle Coffee Aims to be the Next Big Controversial SPAC
All summer and fall, special purpose acquisition companies (SPACs) have been on the retreat. Back in February, it seemed any and all SPACs would shoot straight up after announcing a deal. Since then, however, SPACs have gone ice cold; the majority now slump under $10 after closing a deal. So what’s SilverBox Engaged Merger Corp.…
Until Digital World SPAC Files an S4, Its Stock Will Falter
Digital World Acquisition Corp (NASDAQ:DWAC) has yet to file an SEC form S-4, as The Wall Street Journal recently pointed out. That filing will describe in detail its SPAC (special purpose acquisition company) merger deal with Trump Media & Technology Group (TMTG). The S-4 document is required for any company doing a merger. As a…
Keep a Close Watch on Digital World Acquisition for a Return to $20
It seems that there’s always something going on with the in-progress special purpose acquisition company (SPAC) merger of Digital World Acquisition (NASDAQ:DWAC) and Trump Media & Technology Group (TMTG). As soon as the chatter subsides, more controversial events come along to roil DWAC stock. Source: Dmitry Demidovich/ShutterStock.com In general, it’s a wise practice to avoid mixing politics…
Worry About Valuation, Not Politics With the Silverbox Engaged/Black Rifle Deal
The special purpose acquisition company (SPAC) bubble has come and gone. But investors are still keeping an eye on high-profile blank-check company mergers. One, in particular, that’s been getting attention is the proposed deal between SilverBox Engaged Merger (NASDAQ:SBEA) and Black Rifle Coffee. On the day of the announcement, SBEA stock briefly skyrocketed in price from…
Digital World Acquisition Confirms the Internet Belongs to the Right
Before we dive into a discussion on Digital World Acquisition Corp (NASDAQ:DWAC) stock, the controversial special purpose acquisition company that will take Trump Media and Technology Group (TMTG) public, it’s helpful to separate the noise from the narrative. Source: NESPIX / Shutterstock.com In other words, your personal feelings about former President Trump should not dictate…
Don’t Buy Trump SPAC Digital World Stock Until It Drops Back Near Offer
Sure, it didn’t become a “meme stock” legend like GameStop (NYSE:GME) or AMC Entertainment (NYSE:AMC). But Digital World Acquisition Corp (NASDAQ:DWAC) stock has held onto a pretty nice chunk of its meme-related gains. Source: Andrew Cline / Shutterstock.com Last month, when this special purpose acquisition company (SPAC) announced its deal to merge with Trump Media &…
PSTH Stock Alert: The Merger News Sending Pershing Square Climbing
This has been a fascinating — and volatile — year for special purpose acquisition company (SPAC) mergers. After the bubble seemingly burst, former President Donald Trump turned things around with his Digital World Acquisition (NASDAQ:DWAC) deal. Now, investors are once again closely watching blank-check companies, including some older names that have yet to find targets.…
And the Award for Most Dramatic Stock Goes to Digital World Acquisition Corp.
I believe Digital World Acquisition Corp. (NASDAQ:DWAC) will give investors nothing but drama. In fact, if there was an award show for stock performance, DWAC stock would certainly sweep the drama category. Source: Joseph Sohm / Shutterstock.com Read the following lines with an unbiased mindset. Yahoo! Finance mentions that “Digital World Acquisition Corp. does not…
Trump’s Digital World Acquisition SPAC Barely Gets Passing Grade
Today, I’ve been tasked with the depressing chore of writing about Donald Trump’s SPAC baby — Digital World Acquisition (NASDAQ:DWAC) and DWAC stock. Source: Joseph Sohm / Shutterstock.com Without getting political, I have no time for the failed CEO. When you bankrupt as many companies as The Donald has, you don’t deserve space in the…
Watch Reddit Closely for Clues on Digital World Acquisition’s Next Move
If you’re a stock trader, chances are pretty good that you’ve heard about the in-progress special purpose acquisition company (SPAC) merger of Digital World Acquisition (NASDAQ:DWAC) and Trump Media & Technology Group (TMTG). As you might expect, DWAC stock is somewhat polarizing and its price action is volatile. Source: Dmitry Demidovich/ShutterStock.com Reportedly, TMTG will launch Truth Social, a conservative…
7 New Meme Stocks That Retail Investors Can’t Get Enough Of
What was once a blip on the radar that many analysts viewed as a passing fad became one of the most consequential developments on Wall Street. I speak of course of the phenomenon that is meme stocks, loosely defined as publicly traded securities that have an incredible following on various social media platforms. But while…
7 Best Meme Stocks to Put on Your November Buy List
The world of meme stocks isn’t as bad as some have been led to believe. Yes, a portion of the stock-related memes and conversations on social media sites like Reddit will always contain suspect advice. But investors who dismiss these picks at large are at risk of throwing out the baby with the bath water. I’m…
IPOF Stock Alert: The SPAC Merger Rumors Sending Shares Higher Today
Since the unprecedented rise of Digital World Acquisition (NASDAQ:DWAC), SPAC stocks are back in favor on Wall Street. Today, one particular blank-check company caught a wave on social media. Social Capital Hedosophia VI (NYSE:IPOF) may finally be on the verge of announcing its merger partner, and retail investors are speculating it could be Discord. IPOF…
AGC Stock Fans Squeeze Shares Higher Ahead of the Grab SPAC Merger
Today, one of the big rumors in the SPAC (special purpose acquisition company) world involves high-profile Altimeter Growth (NASDAQ:AGC). Currently, AGC stock is up more than 20% on over 10 times the average daily volume of shares. Source: NESPIX / Shutterstock.com Indeed, Altimeter Growth is a SPAC that has recently received a lot of attention. Since…