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Why Digital World Acquisition Stock Skyrocketed 42.1% in January and Continues to Climb

TheMotleyFool

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Why Digital World Acquisition Stock Skyrocketed 42.1% in January and Continues to Climb

Shares of Digital World Acquisition (NASDAQ: DWAC) managed to post big gains in January despite big sell-offs hitting the broader market. The Donald Trump-backed special purpose acquisition company (SPAC) saw its share price climb 42.1% in the month, according to data from S&P Global Market Intelligence.