Trump-Tied SPAC Jumps After Former President’s Big Iowa Win

Donald Trump's victory at the Iowa caucuses is lifting shares today in the blank-check firm working on taking his media company public.

Digital World Acquisition rallied as much as 15% on Tuesday, putting it on track to close at the highest since July, reported.

Trump-tied stocks including Rumble ., the conservative video network backed by billionaire , have come into focus once again as his campaign has gathered pace. The stock rose as much as 8.6% in its biggest jump in a month.

Shares in Digital World rose 17% in 2023. The blank check company has been trying to merge with Trump Media since late 2021. Read more.

Source: Trump-Tied SPAC Jumps After Former President's Big Iowa Win