Digital World Acq stock (DWAC) is down 1% today: here is where to buy the dip

Digital World Acq stock (DWAC) has dropped after news of a delayed app launch.

The stock price of the blank-check company that recently partnered with ex-President Donald Trump’s social media app opened above $97 before falling to $83 at the time of writing.

Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

To help stock traders eying the Digital World Acq stock (DWAC), Invezz has created a brief article on what it is and the best places to trade it.

To find out more, please continue reading.

Best places to trade DWAC Stock

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Disclaimer

Webull

Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.

Register with Webull instantly

What is Digital World Acq stock (DWAC)?

Digital World Acq stock is the stock of Digital World Acquisition Corp. and it trades on NASDAQ under the symbol NASDAQ: DWAC.

The Digital World Acquisition Corp. is a special-purpose acquisition company (SPAC). Essentially, it comprises investors who contribute their funds intending to find a private company that can buy.

It completed its initial public offering (IPO) in September this year.

Should I buy the DWAC stock today?

Digital World Acq stock (DWAC) is a great stock to invest in. the stock has been on a bullish trend which means good returns if you invested at the right time.

Digital World Acq stock (DWAC) price prediction

It is difficult to provide a precise price prediction of the DWAC stock because of the recent market swings.

Nevertheless, there are speculations that the dip is short-lived and the stock could be on its way up in the next couple of days.

Analysts believe the stock could still close the month of February above $90.

$DWAC stock social media coverage