Stock tied to Trump social firm drops on report of turmoil ...Middle East

Los Angeles Daily News - News
Stock tied to Trump social firm drops on report of turmoil
Associated Press NEW YORK (AP) — Stock in a company planning to buy Donald Trump’s new social media business plunged Monday on a news report that two key staff members left and a regulatory filing that it will miss a key deadline to file its annual financial statements. Digital World Acquisition Corp. dropped more than 10% in midday trading on a Reuters report that two key executives — one the company’s chief technology officer — had left the company, citing two anonymous sources. That report followed a filing by the company last week stating that its accountants needed more time to review financial figures before filing its annual report. Many public companies request filing extensions, but

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