Why Is Digital World (DWAC) Stock Roaring Higher Today?
After Elon Musk disclosed that he had decided to refrain from buying Twitter (NYSE:TWTR), Digital World Acquisition (NASDAQ:DWAC) stock is rallying 16% in pre-market trading. DWAC stock is a special-purpose acquisition company (SPAC) that has agreed to merge with the Trump Media and Technology Group, or TMTG. TMTG is a social media company founded by former U.S. President Donald Trump.…