The SPAC space is one of the most volatile investment areas, but one blank-check company takes it to another level: Digital World Acquisition Corp., Investor Place writes.
As the reverse merger between Digital World and Trump Media and Technology Group nears, the incentive to hold onto DWAC stock is reduced.
While TMTG has a wide portfolio, Truth Social is its crown jewel. That means the fate of DWAC stock rests squarely on the success of the platform, which may be problematic due to a botched rollout, lingering technical glitches and relative lack of engagement on the platform itself, among other factors. Read more.
