Trump-linked SPAC's shares surge as Truth Social app tops Apple downloads

By Medha Singh

Technology
Tuesday, 22 Feb 2022
8:29 PM MYT

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The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) -Shares of Digital World Acquisition Corp, the blank-check company behind former U.S. President Donald Trump's new social media venture, Truth Social, rose about 14% on Tuesday as the app topped downloads on Apple's App Store after its launch late on Sunday.

Truth Social was downloaded 170,000 times since its launch, according to research firm Apptopia.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-PWD1	0.190	0.210	0.180	0.200	0.005	2.56	511,237
HSI-CWEO	0.155	0.155	0.135	0.135	-0.010	-6.90	482,450
HSI-PWD7	0.205	0.230	0.200	0.230	0.020	9.52	447,799
SAPNRG	0.045	0.050	0.045	0.050	0.005	11.11	383,342
HSI-CWEJ	0.180	0.180	0.150	0.160	-0.005	-3.03	360,746
HI	1.270	1.330	1.200	1.240	0.020	1.64	300,919
NEXG	0.255	0.255	0.240	0.245	-0.010	-3.92	288,941
PERTAMA	0.110	0.130	0.105	0.110	0.000	0.00	287,990
HSI-CWCY	0.180	0.180	0.140	0.145	-0.025	-14.71	287,750
HSI-PWFR	0.160	0.170	0.160	0.170	0.010	6.25	228,121
HSI-CWCM	0.170	0.175	0.130	0.140	-0.015	-9.68	192,676
TRIVE	0.035	0.035	0.035	0.035	0.000	0.00	160,307
KAB	0.335	0.335	0.330	0.335	0.005	1.52	155,753
EDEN-WC	0.025	0.030	0.025	0.025	0.000	0.00	148,626
POS	0.250	0.290	0.250	0.285	0.030	11.76	143,888

Trump-linked SPAC's shares surge as Truth Social app tops Apple downloads