Stocks Tied to Trump Experience Surge Following DeSantis' Decision to Withdraw

Bloomberg
Trump-Tied SPAC Surges 175% in Six-Day Rally

On Sunday, Governor Ron DeSantis dropped his presidential bid and endorsed Donald Trump, citing a lack of a "clear path to victory" for his campaign. This decision leaves Trump with only one more significant Republican challenger, former United Nations Ambassador and former South Carolina Governor Nikki Haley.

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Bloomberg
Investing.com
Shares in Trump SPAC surge after Ron DeSantis drops 2024 presidential bid By Investing.com

Shares of Digital World Acquisition Corp, a blank-check firm, experienced an early surge in U.S. trading on Monday. The increase followed Florida Governor Ron DeSantis' weekend decision to suspend his presidential candidacy, strengthening Donald Trump's bid for the Republican nominee in this year's presidential election.

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Investing.com
The Globe & Mail
Trump-linked stocks soar after DeSantis throws in the towel

On Monday, shares of Rumble Inc (NASDAQ: RUM), a video-sharing platform popular among conservatives, experienced a significant surge. Additionally, Phunware (NASDAQ: PHUN), a software developer employed by Trump's 2020 presidential re-election campaign to build a phone app, also saw a notable rally.

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The Globe & Mail
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News Results

Trump-related stocks surge after Ron DeSantis ends presidential bid
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Trump-linked stocks soar after DeSantis throws in the towel
Shares of Digital World Acquisition, the blank check firm set to take former U.S. President Donald Trump’s social media platform public, soared to their highest in 19 months on Monday after Florida Governor Ron DeSantis ended his 2024 presidential bid.
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Trump-Linked Stocks Soar After DeSantis Throws in the Towel
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Trump's Truth Social SPAC Gets a Boost After DeSantis Drops Out
Shares of Digital World Acquisition Corp (DWAC), the special purpose acquisition company (SPAC) merging with former President Donald Trump's Truth Social, surged by over 88 percent on Monday. It comes after Florida Governor Ron DeSantis's unexpected exit from the 2024 presidential race and subsequent endorsement of Trump. The endorsement has been interpreted by the market as a unification of the Republican base behind Trump.
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Digital World Shares Surge as Republican Primary Field Narrows
Shares of Digital World Acquisition Corp., the shell company that plans to merge with former President Donald Trump’s social media company, soared as much as 70 percent on Monday. Florida Gov. Ron DeSantis dropped out of the race for the Republican presidential nomination and brought Mr. Trump even closer to securing it.
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Outkick
Cancelled

ESPN, Disney & WNBA Silent On Rebecca Lobo Apologizing For Saying 'That's What Makes America Great'

11h ago — ESPN, Disney & WNBA Silent On Rebecca Lobo Apologizing For Saying 'That's What Makes America Great' Lobo awkwardly apologized for saying "that's what makes America great" during game between Fever, Aces During Sunday's WNBA game between the Indiana Fever and Las Vegas Aces, an awkward moment arose when ESPN commentator Rebecca Lobo used the phrase, "that's what makes America great" and then later apologized.  OutKick's Alejandro Avila laid out what happened leading up to the strange exchange between Lobo and play-by-play commentator Pam Ward:  While discussing a foul call, Lobo and WNBA play-by-play announcer Pam Ward debated officiating.

Outkick
Outkick
Cancelled

Simone Biles Abruptly Deletes X Account After Riley Gaines Feud, Clay Travis Reacts

17h ago — Olympic gymnast Simone Biles, with 1.9 million followers on X, deleted her account in the aftermath of a heated online feud with OutKick's Riley Gaines.  On Sunday, users on X shared screenshots of an error message for the ‘@Simone_Biles’ username, prompting widespread speculation.

Outkick
The Daily Signal
Big Tech

FTC Comments Accuse Big Tech of Widespread Censorship

17h ago — For instance, Ryan Hartwig, a Facebook whistleblower who contracted with the Meta-owned company to moderate content from March 2018 to February 2020, said he experienced a “deeply troubling pattern of censorship and bias.” Hartwig wrote that Facebook was targeting content based on political beliefs and affiliations.

The Daily Signal
The Center Square
Free Speech

Organization says pro-Palestine protester should lose job, free speech group disagrees

17h ago — (The Center Square) – An organization publicly questioned two hospitals for employing individuals who participated in pro-Palestinian protests on college campuses, but free speech advocates said that Americans have the right to “both a career and a political opinion.” Accuracy in Media is running two separate petitions against Alameda Health and UW Harborview Medical Center, respectively, in an attempt to make the hospitals evaluate whether they should employ the pro-Palestinian protesters in question.

The Center Square
PEN America
Banned

‘Magic Tree House’ Author, ‘Calvin and Hobbes’ among hundreds of Tennessee book bans - PEN America

8d ago — The removals in Tennessee are the result of a growing political movement to control information through book banning.

PEN America