Trading in Trump Social Media Stock Surges 200 Percent, Is Halted Several Times

The Epoch Times

By Jack Phillips

October 22, 2021 Updated: October 22, 2021

Shares of former President Donald Trump’s Digital World Acquisition Corp., a blank-check firm that is taking his proposed social media platform public, spiked on Friday after a huge rally the day before.

Trading in Digital World Acquisition Corp. (DWAC) was halted on Friday due to volatility several times during Friday morning trading after it skyrocketed 216 percent at one point. On Thursday, the stock surged over 300 percent to close at $35.54 with significant trading volume and volatility.

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