Charts

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The SPAC partner of Donald Trump's Truth Social has just fired its CEO. Here's why this won't help DWAC stock achieve real growth. The post Why Firing Patrick Orlando Won’t Save Digital World (DWAC) Stock appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

Digital World ousted its chief executive as Trump's legal challenges approach a critical juncture. DWAC stock fell Wednesday.

The blank-cheque company that plans to take Donald Trump’s media business public has ousted its chief executive, deepening tumult inside a company that has been threatened with stock exchange delisting over unpaid fees. Digital World Acquisition Corporation has lost 87 per cent of the $3.6bn valuation it commanded after announcing in October 2021 a deal to merge with Trump Media & Technology Group, which operates his Truth Social platform. Since then, the special purpose acquisition company missed several deadlines for securing shareholder votes needed to proceed with the deal and resorted to borrowing millions of dollars from its own sponsors in a last-ditch effort to keep it alive.

Digital World ousted its chief executive as Trump's legal challenges approach a critical juncture. DWAC stock fell Wednesday.

Digital World Acquisition Corp , a blank-check firm that is set to merge with former U.S. President Donald Trump's media and technology company, said on Wednesday it had ousted Chief Executive Patrick Orlando. “Due to the unprecedented headwinds faced by the Company, the Board agreed it was in the best interest of its shareholders to select a new management team to execute an orderly succession plan and set strategic operating procedures for the Company in this new phase,” the company said in a news release.

By Geoffrey Smith

(Reuters) -Digital World Acquisition Corp, a blank-check firm that is set to merge with former U.S. President Donald Trump's media and technology company, said on Wednesday it had ousted Chief Executive Patrick Orlando. “Due to the unprecedented headwinds faced by the Company, the Board agreed it was in the best interest of its shareholders to select a new management team to execute an orderly succession plan and set strategic operating procedures for the Company in this new phase,” the company said in a news release. In October 2021, Trump’s newly formed media company, Trump Media & Technology Group (TMTG), announced a deal to go public by merging with DWAC.

Digital World Acquisition Corp. (NASDAQ: DWAC) shares were advancingin premarket trading on Wednesday as traders took stock of an ...

Digital World Acquisition Corp.'s(NASDAQ: DWAC) troubles just got deeper, with the company announcing the ouster of its ...

MIAMI, FL / ACCESSWIRE / March 22, 2023 / Digital World Acquisition Corp (NASDAQ:DWAC) ("DWAC" or the "Company"), a SPAC, today announced that Eric Swider, a member of DWAC's Board of Directors (the "Board") since DWAC's IPO, has been appointed interim Chief Executive Officer, effective immediately. Mr. Swider succeeds Patrick Orlando, who was terminated from his positions as CEO and Chairman of the Board after having served for the past 1.5 years. As the Board executes its succession plan, it looks forward to a fully realigned management team to best meet the challenges the Company faces. Mr. Orlando will remain as a Director on the Board.

New York City law enforcement is on high alert due to two separate legal cases involving former President Donald Trump. According to ...

Here are three top political stories investors should know this week.

Major Wall Street indices ended in the green on Monday after fears of the banking crisis ebbed following the rescue deal announcement of ...

Digital World Acquisition Corp (NASDAQ: DWAC) shares traded higher Monday afterformer PresidentDonald Trump said he expected ...

The Dow Jones rallied even as the latest Fed meeting, led by Jerome Powell, looms. First Republic stock plunged. A Donald Trump stock surged.

Gainers Loyalty Ventures Inc. (NASDAQ: LYLT) gained 121.1% to $0.19. Shares of companies in the broader communication, media & ...

A Manhattan grand jury is expected to indict Donald Trump. How will DWAC, the special acquisition looking to take Truth Social public, respond?

Former President Donald Trump was banned from several social media platforms in the wake of the Jan. 6, 2021 attack on the U.S. ...

A SPAC merger plans to bring former President Donald Trump’s new social media platform and media assets public. The SPAC saw a ...

Former President Trump posted on Facebook for the first time since being banned in the wake of the Jan. 6 attack on the Capitol.

A SPAC merger to bring Donald Trump’s media company and social media platform public has faced delays and setbacks and remains up ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bank stocks aren't doing well on Wednesday as the continued fallout of the SVB Financial (SIVB) collapse weighs on the sector. The post Why Are Bank Stocks CS, UBS, DB Down Today? appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

InvestorPlace - Stock Market News, Stock Advice & Trading Tips First Republic Bank (FRC) stock is falling hard on Wednesday after getting hit with a credit rating downgrade from S&P analysts. The post FRC Stock Alert: First Republic Falls on S&P Downgrade appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

InvestorPlace - Stock Market News, Stock Advice & Trading Tips DWAC stock traders are pushing the share price down in the wake of a staff trimming and regulatory scrutiny of Truth Social and Trump Media. The post Why Is Digital World Acquisition (DWAC) Stock Down Today? appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

InvestorPlace - Stock Market News, Stock Advice & Trading Tips This week in the stock market showed that some investors are bracing for a crash while others are gambling on meme stocks. The post The Tale of Two Markets: Which Side Are You On? appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

A media company has found itself in the crosshairs of former President Donald Trump. While this sounds like nothing new in recent years, ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips DWAC stock is in focus on Thursday as the stock hits a new 52-week low. Shares are under pressure following a reported delisting notice. The post DWAC Stock Hits New 52-Week Low Amid Delisting Drama appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

"The company has elected to file an appeal of this matter, pay the corresponding fee, and plans to pay any fees the Hearing Department determines are due," Digital World said in a filing. Digital World has already been facing delays in closing the deal to take Truth Social public due to investigations on whether the Trump-backed company broke securities regulations and the departure of top executives.

Digital World Acquisition Corp , a blank-check firm that is to merge with former U.S. President Donald Trump's social media platform, said on Wednesday it will file an appeal against a Nasdaq de-listing notice due to the non-payment of some dues. "The company has elected to file an appeal of this matter, pay the corresponding fee, and plans to pay any fees the Hearing Department determines are due," Digital World said in a filing. Digital World has already been facing delays in closing the deal to take Truth Social public due to investigations on whether the Trump-backed company broke securities regulations and the departure of top executives.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Clover Health (CLOV) stock is on the rise Tuesday thanks to the company's earnings report for the fourth quarter of 2022. The post Can Q4 Results Help Save Clover Health (CLOV) Stock? appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Digital World Acquisition (DWAC) stock is on the move Tuesday after the company announced a new deadline for June 8, 2023. The post Dear DWAC Stock Fans, Mark Your Calendars for June 8 appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

Stock market indexes ran in place in low volume during Tuesday's first hour. Cathie Wood's fund made and lost $53 million overnight.

Several members of Congress made stock trades that involved oil stocks and defense stocks days before Russia invaded Ukraine and started ...

IPO Edge and CorpGov are please to provide complete video coverage of the second annual Palm Beach CorpGov Forum, which was held on Thursday, February 9 featuring a full day of panels and fireside chats followed by a cocktail reception at the rooftop ballroom of The Ben Hotel in West Palm Beach, FL. The event included over 200 attendees including […] The post Exclusive: DWAC CEO Patrick Orlando on Trump’s Truth Social at Palm Beach CorpGov Forum appeared first on CorpGov.

IPO Edge and CorpGov are please to provide complete video coverage of the second annual Palm Beach CorpGov Forum, which was held on Thursday, February 9 featuring a full day of panels and fireside chats followed by a cocktail reception at the rooftop ballroom of The Ben Hotel in West Palm Beach, FL. The event included over 200 […] The post Full Video Coverage: Palm Beach CorpGov Forum with NYSE and Vinson & Elkins appeared first on CorpGov.

Social media website Reddit reportedly plans to go public in the second half of 2023. What Happened: The company is preparing for the ...

Meta Platforms Inc (NASDAQ: META) has brought back to life the suspended Facebook and Instagram accounts for former President Donald ...

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the ...

The second annual Palm Beach CorpGov Forum will be held on Thursday, February 9 (following a hurricane-related postponement from November), featuring a full day of panels and fireside chats followed by a cocktail reception at the rooftop ballroom of The Ben Hotel in West Palm Beach, FL. The in-person event will include over 200 attendees including corporate directors and C-suite […] The post Palm Beach CorpGov Forum Feb 9 with Vinson & Elkins and NYSE – Full Agenda appeared first on CorpGov.

Meta's offer to let Trump back on Facebook and Instagram is a clever move that puts Trump in a very uncomfortable corner.

Former President Donald Trump has reacted to Meta Platforms Inc (NASDAQ: META) restoring his Facebook and Instagram accounts. What ...

Digital World Acquisition Corp (NASDAQ: DWAC) sharesare volatile in Wednesday's after-hours session following reports ...

On Monday, 12 stocks hit new 52-week lows. Noteable 52-Week Lows: Innovative Ind Props (NYSE:IIPR) was the largest, ...

Donald Trump’s return to Meta Platforms Inc’s (NASDAQ: META) Facebook and Twitter could lead to collateral damage to his own ...

The 2024 presidential election is over a year away, but that won’t stop polls from coming out to predict who could win in ...

Truth Social's most well-known user may be about to start using other social media platforms.

Donald Trumpis said to be planning a comeback on Twitter after his campaign reportedly asked Facebook parent Meta Platforms Inc ...

Digital World Acquisition Corp (NASDAQ: DWAC) shares are trading lower Wednesday following reportssuggesting former ...

Several tech indicators are pointing in a bullish direction for stocks, says Macro Ops Alexander Barrow.

Former President Donald Trump announced his plans to run for President of the United States for a third time onNov. ...

Social networking service Parler‘s parent company has reportedly laid off most of its employees, raising doubts over how far the ...

The 2024 presidential election is around 22 months awaybut could heat up as a big topic in 2023. Three candidates currently lead ...

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a leading source for traders to see the latest news ...

Former President Donald Trump is no stranger to being outspoken and sharing his opinions on a range of topics. A study showed that Trump ...

A new report was out about the performance of members of the U.S. Congress who bought and sold stocks and options in 2022. The report ...

The House Ways and Means Committee released thousands of pages of President Donald Trump's tax returns from the years 2015 through ...

Since the beginning of December, around 70 special-purpose acquisition companies (SPACs), have liquidated and returned the money to the ...

Donald Trumpwarned that theRussia-Ukraine conflictcould morph into “World War III” and that the United ...

After rising inflation and the BOJ shift, what should U.S. investors do?

For investors not cowed by this year and ready to look ahead at where some gains may come from, we've got a couple ideas from the son of a legendary investor.

A SPAC merger plans to bringformer President Donald Trump’s new social media platform and media assets public. The SPAC saw ...

MIAMI, FL / ACCESSWIRE / December 21, 2022 / Digital World Acquisition Corporation (NASDAQ:DWAC) (the "Company") extended the date by which the Company has to complete its initial business combination from December 8th, 2022 to March 8th, 2023 (the "Extension"). The Extension is the second of two four-month extensions permitted under the Company's governing documents.

SARASOTA, Fla., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Today, Trump Media & Technology Group (“TMTG”) announced that direct messaging (“DM”) is now available on the iOS, Android, and web versions of Truth Social. Users can now privately DM fellow users on a one-to-one basis with text-based messages containing up to 500 characters. Future updates will allow users to react to messages with emojis and exchange media attachments. To access direct messaging on iOS and Android, users should update Truth So

At its final public meeting on Monday, the House of Representatives Jan. 6 committeevoted unanimously to ...

Trump-backed SPAC Digital World's CFO resigns

Donald Trump is one of the world's most famous businessmen. Now investors can throw in their lot with the former President with DWAC stock.