Advertisement
Singapore markets close in 2 hours 2 minutes

  • Straits Times Index

    3,190.43
    +35.74 (+1.13%)
     

  • Nikkei

    38,079.70
    +117.90 (+0.31%)
     

  • Hang Seng

    16,417.79
    +165.95 (+1.02%)
     

  • FTSE 100

    7,847.99
    +27.63 (+0.35%)
     

  • Bitcoin USD

    61,075.31
    -2,846.83 (-4.45%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • Dow

    37,753.31
    -45.66 (-0.12%)
     

  • Nasdaq

    15,683.37
    -181.88 (-1.15%)
     

  • Gold

    2,392.70
    +4.30 (+0.18%)
     

  • Crude Oil

    82.75
    +0.06 (+0.07%)
     

  • 10-Yr Bond

    4.5850
    0.0000 (0.00%)
     

  • FTSE Bursa Malaysia

    1,546.43
    +6.01 (+0.39%)
     

  • Jakarta Composite Index

    7,159.14
    +28.30 (+0.40%)
     

  • PSE Index

    6,528.12
    +78.08 (+1.21%)
     

Why Shares of Digital World Acquisition and Phunware Crashed Today

Joe Tenebruso, The Motley Fool
·2-min read
Why Shares of Digital World Acquisition and Phunware Crashed Today

Digital World Acquisition (NASDAQ: DWAC) and Phunware (NASDAQ: PHUN) both saw their stock prices rocket over 1,000% at one point last week, as investors' excitement for the special purpose acquisition company (SPAC) and advertising software provider that are linked to former President Donald Trump reached a fever pitch. The decline in Digital World Acquisition's stock price appears to have been sparked by comments made by Trump before the market opened.

Continue reading