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Shares in Trump-linked social media venture surge again

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AFP

New York (AFP) – A new investment vehicle linked to Donald Trump’s fledgling media venture soared again Friday in a frenzy that reflects the former president’s staying power, as well as a stock market increasingly prone to casino-like tendencies. Shares of Digital World Acquisition Corp, which is set to merge with Trump’s Media & Technology Group (TMTG) startup, surged¬†Friday prompting a temporary trading halt for a second straight day. Shares ended at $94.20, more than doubling its value from Thursday and more than nine times the price on Wednesday afternoon before the venture was announced. …

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