CNBC: “Digital World Acquisition Corp., the SPAC that is taking former President Donald Trump’s planned social media platform public, soared Friday following a massive rally in the previous session. Trading in the stock was halted due to volatility multiple times in morning trading Friday. The SPAC, which trades under the ticker DWAC on the Nasdaq, skyrocketed 216% at one point and last traded up 150%. The stock surged more than 350% to close Thursday at $35.54 in explosive trading volume and volatility. The Trump effect wasn’t limited to DWAC. Phunware, the advertising software startup involved with Trump’s 2020 reelection campaign, jumped in unison with DWAC. The stock last traded up a whopping 624% to $11.09 per share Friday, bringing its week-to-date rally to nearly 980%.”