Based on ratings from 0 stock analysts, the Digital World Acquisition Corp. stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Digital World Acquisition Corp.. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedDWAC 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Digital World Acquisition Corp. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DWAC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of DWAC.
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When did it IPO
2017
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Mr. Eric S. Swider
Market Cap
$1.86B
In 2023, DWAC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DWAC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Trump holds approximately 115 million shares, representing a 53% ownership stake in the parent company of Truth Social.
Why It Matters - Trump's significant stake in Truth Social indicates potential influence over the platform's direction, impacting investor sentiment and the stock's performance.
Summary - The SEC has sued Patrick Orlando, ex-CEO of Digital World Acquisition Corp., for allegedly making false statements about the company's merger with Trump Media's Truth Social.
Why It Matters - The SEC lawsuit against DWAC's former CEO raises concerns about the integrity of the merger, potentially impacting investor confidence and stock performance.
Summary - Trump Media & Technology Group shares dropped nearly 20% after Donald Trump's conviction in his hush money trial, continuing the company's volatile stock performance post-merger with Digital World Acquisition Corp.
Why It Matters - The 20% drop in Trump Media shares signals heightened investor risk and uncertainty, reflecting potential impacts on future revenue and company stability amid ongoing legal issues.
Summary - Advanced AI algorithms have identified seven meme stocks deemed sell candidates based on market trends and company fundamentals.
Why It Matters - The identification of meme stocks to sell by AI suggests potential risks and volatility in these investments, prompting investors to reassess their positions and strategies.
Summary - Bruce Garelick was convicted for insider trading in 2021 related to the merger of Digital World Acquisition Corp. and Trump Media & Technology Group.
Why It Matters - The conviction of Bruce Garelick for insider trading related to Digital World Acquisition Corp. raises regulatory concerns and may impact investor confidence and stock performance.
Summary - Trump Media & Technology Group filed a Form S-1 with the SEC to register shares and warrants following its business combination with Digital World Acquisition Corp. on March 25, 2024.
Why It Matters - The filing signals potential stock offerings and liquidity events for Trump Media & Technology Group, impacting share supply and valuation post-merger, influencing investor sentiment and market dynamics.