Digital World Acquisition (NASDAQ: DWAC) stock has seen some volatile swings in this week's trading, but it's back to posting big gains today. The Trump-affiliated special purpose acquisition company's (SPAC) share price was up roughly 5.2% as of 2:30 p.m. ET Thursday.
Growth-dependent, and otherwise speculative, stocks got hit particularly hard in Tuesday and Wednesday's sessions, but they're now enjoying some rebound momentum. While there isn't any fresh news pertaining to Digital World Acquisition, the stock is getting a boost from today's market rally.
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Why Digital World Acquisition Stock Is Climbing Again Today