Truth Social Is on Fire, But Will the Hot Streak Last?

By Travis Hoium – Mar 26, 2024 at 5:36PM

NASDAQ: DWAC

Digital World Acquisition Corp.

How can a company with $3 million in revenue be worth over $9 billion?

Digital World Acquisition (DWAC) has officially merged with Donald Trump's Truth Social, and the stock has gone absolutely crazy ever since. But is this company a good buy? Travis Hoium digs into the numbers -- which are shocking -- in the video below.

*Stock prices used were end-of-day prices of March 26, 2024. The video was published on March 26, 2024.

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.