DWAC stock soars as vote on deal to buy Trump Media nears
Shares of Digital World Acquisition Corp., the special-purpose acquisition corporation looking to buy former President Donald Trump’s social-media company, soared in active trading Wednesday, two days before a shareholder vote on the proposed merger.
DWAC’s stock shot up17.8%on Wednesday. Volume swelled to 5.04 million shares, compared with the full-day average over the past 30 days of about1.7 millionshares.
The shareholder vote on the merger is scheduled for March 22, but the window for voting has been open for nearly a month.
https://www.marketwatch.com/story/dwac-stock-soars-as-vote-on-deal-to-buy-trump-media-nears-ada5c825