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Digital World Acquisition stock recently reached a 52-week low of $7.97, with the current price hovering around $8.00. This represents a stark contrast from its 52-week high of $44.83. This decline marks a significant downturn for the company, which has seen its stock price plummet by nearly 30% over the past year and 65% year-to-date. The drop to this new low reflects ongoing challenges and market pressures that have affected the company’s performance and investor confidence. With a market capitalization of $1.86 billion and a P/E ratio of -84.9, the company faces substantial headwinds. As the stock continues to trade at these reduced levels, stakeholders will be closely monitoring any strategic moves or market developments that could influence a potential recovery. For deeper insights into DWAC’s valuation and growth prospects, InvestingPro offers exclusive analysis and detailed financial metrics.
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