Trump-Tied SPAC Jumped in Morning Trading

Tiger Newspress2022-07-21

Trump-Tied SPAC jumped in morning trading. Shares of Digital World Acquisition Corp., the special purpose acquisition company merging with Trump’s media venture, gained 4% to $31.4 on Thursday. While Phunware Inc., a software company that worked on Trump’s re-election campaign, jumped 13%.

U.S. President Joe Biden has tested positive for Covid-19, the White House said Thursday.

The 79-year-old president, who is fully vaccinated and has received two Covid booster shots, is experiencing "very mild symptoms," press secretary Karine Jean-Pierre said in a statement.

Biden has begun taking Paxlovid, an antiviral pill that can reduce the risk of hospitalization for people who test positive for Covid, the press secretary said.

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