Trump-linked SPAC settles SEC fraud charges, stock soars

#Trump #youtube #yahoofinance
Yahoo Finance anchors Diane King Hall and Julie Hyman discuss
shares of Digital World Acquisition (DWAC) jumping after settling fraud charges brought by the Securities and Exchange Commission. The special purpose acquisition company is set to take former President Donald Trump's media company public. If the deal closes, DWAC said it will pay an $18 million penalty. Yahoo Finance Live breaks down the stock's reaction.

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