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Digital World Acquisition Stock Gains 6%

Shares of Digital World Acquisition Corp. (DWAC), the special acquisition company that is taking Former President Donald Trump's social media platform public, are gaining over 6% on Friday morning after Trump's post on Truth Social.

DWAC is currently trading at $51.15, up $3.09 or 6.43%, on the Nasdaq. The stock has traded between $9.84 and $175.00 in the past 52-week period.

"I'M BACK! #COVFEFE," Trump posted on Truth Social Thursday afternoon with a photo of himself in front of his Mar-a-Lago estate in Palm Beach, Florida.

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