Digital World Acquisition Corp – Page 4

Traders Are Betting Millions That Trump Media Will Tumble

The parent company of Truth Social is a popular target for short-sellers, even after they lost $100 million last month betting on a decline in the stock that didn’t come.

By Joe Rennison

Digital World Acquisition Corp Frauds and Swindling Garelick, Bruce Initial Public Offerings Insider Trading Liman, Lewis Jeffrey Mergers, Acquisitions and Divestitures Russia Securities and Commodities Violations Securities and Exchange Commission Shvartsman, Gerald Shvartsman, Michael Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

2 Brothers in Trump Media Insider-Trading Scheme Plead Guilty

Michael and Gerald Shvartsman, who had originally pleaded not guilty to securities fraud charges, each pleaded guilty to one count of securities fraud.

By Matthew Goldstein

Digital World Acquisition Corp Mergers, Acquisitions and Divestitures Nunes, Devin G Orlando, Patrick F Social Media Stocks and Bonds Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

Many People and Companies Have Made Millions on Trump Media’s Stock

A surge in the social media company’s market value has generated a windfall for current and former executives, on top of the bonanza for its largest shareholder, former President Trump.

By Matthew Goldstein and Jason Karaian

Digital World Acquisition Corp Freedom of Speech and Expression Mergers, Acquisitions and Divestitures Social Media Stocks and Bonds Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

What to Know About Trump’s High-Flying Stock Debut

Trump Media attracted a frenzy of interest on its first day of trading, and is now worth nearly $8 billion. Here are the basics of what’s happening.

By Vivian Giang and Matthew Goldstein