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Trump SPAC stock Digital World Acquisition Corp. plunges after news spreads of delayed app launch

  • The stock price of the blank-check company that has partnered with ex-President Donald Trump's social media app firm plunged as news of the delay in the app's launch spread on Twitter.
  • Digital World Acquisition Corp., which opened trading at $87.02 per share, and spiked to as high as $97.15 fell to as low as $80.45 per share.
  • The delay in the launch of Trump's Truth Social had already been announced last month by former Rep. Devin Nunes, a California Republican tapped to run the social media firm.
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