Digital World Acquisition Corp. (DWAC), the special purpose acquisition company (SPAC) known for its plans to take former President Donald Trump's media venture public, has reached a new 52-week high, with its stock price soaring to $34.55. This milestone reflects a significant surge in investor confidence, as evidenced by the stock's staggering 653.09% increase over the past year. The company's performance has been closely watched by investors and political observers alike, as it plays a pivotal role in the anticipated launch of Trump's social media platform, which is expected to have a substantial impact on the company's future growth and valuation.
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