DWAC Stock Forecast: Digital World Acquisition extends declines despite market rally
Premium|Take advantage of 50% OFF on your first month.
Start your subscription and get access to all our original articles.
You have reached your limit of 5 free articles for this month.
Get all exclusive analysis, access our analysis and get Gold and signals alerts
Elevate your trading Journey.
UPGRADE- NASDAQ: DWAC fell by 2.71% during Tuesday’s trading session.
- Elon Musk’s Twitter will have all of the free speech Truth Social claims to offer.
- Trump’s Supreme Court nominees vote to overturn the Roe vs Wade case for women’s rights.
NASDAQ: DWAC dropped lower for the second straight day to start May, even after opening the session in the green. On Tuesday, shares of DWAC fell a further 2.71% and closed the trading day at $46.61. The markets were choppy to say the least as all three major indices flip flopped between red and green throughout the day. Inventors were undecided ahead of a key FOMC rate hike that is widely expected for later this month. The Dow Jones gained 67 basis points, the S&P 500 added 0.48%, and the NASDAQ rose by 0.22% during the session.
Stay up to speed with hot stocks' news!
If Elon Musk is able to deliver on all of his promises for free speech on Twitter (NYSE: TWTR), then Truth Social’s main advantage might be lost. Musk has even gone as far as to lift the ban on former President Trump’s account, although so far Trump has declined his offer. It is unclear as to how Musk will be able to implement his vision of free speech on the platform, but it will likely include removing some of the various reasons as to why Twitter users can find themselves blocked.
DWAC stock price
In a controversial and leaked decision, it appears that the US Supreme Court will be striking down the precedent-setting Roe vs. Wade case. The decision allowed American women to have control over the decision to legally seek out an abortion. The leak has created a public outcry from a large number of Amercians including Hilary Clinton and President Biden himself. It has been pointed out by several news sources that Trump’s Supreme Court nominees have all voted in favor of striking down Roe vs. Wade.
- NASDAQ: DWAC fell by 2.71% during Tuesday’s trading session.
- Elon Musk’s Twitter will have all of the free speech Truth Social claims to offer.
- Trump’s Supreme Court nominees vote to overturn the Roe vs Wade case for women’s rights.
NASDAQ: DWAC dropped lower for the second straight day to start May, even after opening the session in the green. On Tuesday, shares of DWAC fell a further 2.71% and closed the trading day at $46.61. The markets were choppy to say the least as all three major indices flip flopped between red and green throughout the day. Inventors were undecided ahead of a key FOMC rate hike that is widely expected for later this month. The Dow Jones gained 67 basis points, the S&P 500 added 0.48%, and the NASDAQ rose by 0.22% during the session.
Stay up to speed with hot stocks' news!
If Elon Musk is able to deliver on all of his promises for free speech on Twitter (NYSE: TWTR), then Truth Social’s main advantage might be lost. Musk has even gone as far as to lift the ban on former President Trump’s account, although so far Trump has declined his offer. It is unclear as to how Musk will be able to implement his vision of free speech on the platform, but it will likely include removing some of the various reasons as to why Twitter users can find themselves blocked.
DWAC stock price
In a controversial and leaked decision, it appears that the US Supreme Court will be striking down the precedent-setting Roe vs. Wade case. The decision allowed American women to have control over the decision to legally seek out an abortion. The leak has created a public outcry from a large number of Amercians including Hilary Clinton and President Biden himself. It has been pointed out by several news sources that Trump’s Supreme Court nominees have all voted in favor of striking down Roe vs. Wade.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.