Digital World Rises on News of Another Trump Indictment

Shares of Digital World Acquisition, the SPAC looking to take Donald Trump's platform public, climbed 2.6% in morning trading Friday, after the former president said he's been indicted in the federal investigation into classified documents, per Market Watch.

Trump has been summoned to appear in federal court in Miami on June 13. After Trump was found liable for sexual abuse and defamation on May 9, the SPAC's stock rose 3.6%, and climbed 7.5% over three days to close May 11 at $13.93, before pulling back.


Source: Digital World Rises on News of Another Trump Indictment