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Former President Donald Trump's potential return to the stock market through a SPAC, $DWAC, has sparked a frenzy among traders. The stock's surge is seen as a reflection of support for Trump's political momentum, with some viewing it as a betting tool on the election. Despite concerns about potential risks, investors seem eager to show their support for Trump's venture.
Trump is returning to the stock market. https://t.co/3DZpIObdGd
Donald Trump is returning to the stock market. https://t.co/YcjECKRz3z
***Correction on my original post regarding the dilutive time frame, apologies*** $DWAC has been a very fun trade for equity vol guys. The surface is whacky and there is a lot of opportunity in assets that trade at such a high vol. Trump has a few days to post a $450 million… https://t.co/8QH5ZXUk6V