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Benzinga
Benzinga
Technology
Chris Katje

Did Donald Trump-Affiliated SPAC Stock Spike On Fox News Joining Truth Social?

Shares of a SPAC linked to taking former President Donald Trump’s media and social media company public jumped Tuesday. Here’s what could be causing the sudden spike.

What Happened: Social media app Truth Social is part of Trump Media & Technology Group, a company going public via SPAC merger with Digital World Acquisition Corp (NASDAQ:DWAC).

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