On Monday, the stock of Digital World Acquisition Corp (NASDAQ:DWAC), the special-purpose acquisition company (SPAC) poised to launch former President Donald Trump‘s social media platform, Truth Social, to the public, reached a 7-week low. What Happened: The shares of DWAC plummeted by as much as 8.74% to $35.58 on Monday, the lowest level since Jan. 30. This comes as Trump’s attempts to secure a bond to cover a $454 million judgment in a New York civil fraud case were rejected by 30 surety companies, bringing him closer to the potential seizure of his properties, Reuters reported. Trump’s leg…
