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Trump-Linked SPAC Stock Soars 30% After Striking Fraud Charges Deal

The stock of Digital World Acquisition Corp.—a special purpose acquisition company that had plans to merge with the company behind former President Donald Trump’s Truth Social— jumped more than 30% at times in after-hours trading Thursday.

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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...