Trump SPAC's stock nears record high after his app debuts to mixed reviews
CNN
The controversial Trump SPAC surged near record highs on Tuesday after former President Donald Trump's social media app debuted atop Apple's App Store — even as the launch was marked with a flurry of one-star ratings, technical-support complaints and a massive waiting list.
Digital World Acquisition Corporation, the blank-check firm bringing Trump's media venture public, had soared 10% Tuesday to close at $92.90 a share. That's just shy of the closing high of $94.20 set last October.
Shares of Digital World, a special purpose acquisition company (SPAC) backed by a Chinese firm with a checkered regulatory history, backed off a bit Wednesday, falling 5% to around $87.
Elected officials, Jewish advocacy groups and civil rights leaders are vowing to “push back” against the message of a White nationalist group that staged a march last week near downtown Columbus, Ohio, calling the demonstration an act of hate unwelcome in their community – and the United States more broadly.
Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.