Trump-Tied SPAC Surges 66% as Investors Bet on 2024 Bid (2)
Summary
Investors snapped up shares of , the blank-check firm set to merge with ’s social media company, after the former president plans to make another bid for the White House. The special-purpose acquisition company rallied 66% in the biggest one-day advance since the initial pop when the merger was announced as millions of shares changed hands. tied to the SPAC surged 125% to $9.30, while , a software company that worked on Trump’s re-election campaign, jumped 38% and video platform rose 3.8%. Rumble says it’s “designed to ...
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