Stock market today: S&P 500 falls as government shutdown, trade jitters persist
Digital World Acquisition Corp. (DWAC) stock has reached a 52-week low, trading at $7.57. With a market capitalization of $1.86 billion and average daily trading volume of 40,000 shares, the stock has shown relatively thin liquidity. According to InvestingPro data, DWAC has declined significantly from its 52-week high of $44.83. This marks a significant downturn for the company, with a stark year-to-date decline of 67.18%. The company’s equity warrants, which are set to expire on June 20, 2028, have seen a notable drop, reflecting broader challenges and market conditions impacting its valuation. This low point in the stock’s performance highlights ongoing volatility and investor concerns surrounding the company’s future prospects. For deeper insights and exclusive analysis on DWAC’s valuation metrics, consider exploring InvestingPro.
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