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The Independent UK
The Independent UK
National
Via AP news wire

Stock tied to Trump social firm drops on report of turmoil

Copyright 2021 The Associated Press. All rights reserved

Stock in a company planning to buy Donald Trump's new social media business plunged Monday on a news report that two key staff members left and a regulatory filing that it will miss a key deadline to file its annual financial statements.

Digital World Acquisition Corp. dropped more than 10% in midday trading on a Reuters report that two key executives — one the company's chief technology officer — had left the company, citing two anonymous sources.

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