Digital World Acq stock (DWAC) has been through a roller-coaster in the past few weeks. Today, the stock is up 7.15% to trade at $44.35.
To help stock traders eying the Digital World Acq stock, Invezz has created a brief article on what it is and the best places to trade it.
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Digital World Acq stock is the stock of Digital World Acquisition Corp. and it trades on NASDAQ under the symbol NASDAQ: DWAC.
The Digital World Acquisition Corp. is a special-purpose acquisition company (SPAC). Essentially, it comprises investors who contribute their funds intending to find a private company that can buy.
It completed its initial public offering (IPO) in September this year.
DWAC stock is a great stock to invest in. the stock has been on a bullish trend which means good returns if you invested at the right time.
It is difficult to provide a precise price prediction of the DWAC stock because of the recent market swings. However, experts believe that the stock could close the year above its all-time high of 9420.
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