TechCrunch
The Trump SPAC is doing stonk things, which is hilarious
When news broke that former U.S. President Donald Trump had conceived of a media and technology company and intended to take it public via a blank-check company, you would have been forgiven if you immediately began to wonder how quickly you could short the stock. Shares of the SPAC in question, Digital World Acquisition Corp, shot higher on the news. Recall that DWAC is the Class A share ticker symbol of Digital World Acquisition Corp, while DWACU is the same equity, but with half a warrant attached.
