Added to YB: 2024-01-18
Pitch date: 2024-01-17
DWAC [bearish]
Digital World Acquisition Corp.
-106.58%
current return
Author Info
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Company Info
As of March 25, 2024, Digital World Acquisition Corp. was acquired by Trump Media & Technology Group Corp.
Market Cap
$1.9B
Pitch Price
$24.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-84.90
EV/Sales
N/A
Sector
Capital Markets
Category
special_situation
Show full summary:
[SHORT] Digital World: Sell Before It's Too Late
$DWAC surged post-Trump Iowa win but bearish outlook persists: merger issues, TMTG's poor financials & traction vs rivals like $RUM. Q3 $11M loss, only $3.4M ytd rev. $2.5B+ post-merger mkt cap unwarranted, likely overvalued above $10 liquidation price.
Read full article (4 min)