Shares of Digital World Acquisition Corp (DWAC) soared on Monday. On Friday, shareholders approved a deal to merge Digital World and Trump Media. The combined company is called Trump Media & Technology Group Corp. and will start trading on Tuesday, March 26 under the ticker DJT. Trump Media is the parent company of the social media company Truth Social.
In the video above, Yahoo Finance's Rick Newman explains why there is still "a lot that can go wrong" for the stock.
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