Latest News
January 1, Trump-Affiliated Stock Drops
Digital World Acquisition Corp, the SPAC stock bringing former President Donald Trump’s social media platform public, fell 14% on Monday after reports that two Truth Social executives had resigned.
Before the stock dropped in premarket trading, chief of technology Josh Adams, chief of product development Billy Boozer, and chief legal officer Lori Heyer-Bednar resigned.
The drop comes as Twitter shares jumped more than 20% after Tesla CEO Elon Musk became the platform’s largest outside shareholder, with a 9.2% stake.
The Truth Social app was the Apple app store’s top free download after it became available on February 20, but as of Monday it wasn’t in the top 200 most-downloaded free apps.
Source:
Stock in Trump-linked SPAC falls after Truth Social executives resign
-
Featured3 months agoBiden Abruptly Starts Yelling During Press Conference (Videos Inside)
-
Entertainment4 months agoWhoopi Goldberg’s “Wildly Inappropriate” Commentary Forces “The View” into Unscheduled Commercial Break
-
Featured4 months agoUS Advises Citizens to Leave This Country ASAP
-
Entertainment3 months agoLate Night Host is Getting Canceled After Staffers Speak Out
-
Featured3 months agoFox’s TV License Renewal At Risk Amid Unprecedented FCC Scrutiny
-
Featured3 months agoBenghazi Hero: Hillary Clinton is “One of the Most Disgusting Humans on Earth”
-
Featured4 months agoFox News Calls Security on Donald Trump Jr. at GOP Debate [Video]
-
Finance3 months agoTaxpayer Alert: Lawmakers Approve $750 Monthly Handouts