Trump-linked stocks drop, retail interest persists

Remark Holdings

19/01/2022 15:39

** Digital World Acquisition Corp  DWAC.O , the blank-check
co that will take Trump Media & Technology Group Corp (TMTG)
public by listing in New York, declines 6.2% 
    ** DWAC is the #2 trending stock on investor-focused social
media Stocktwits.com and among the top 10 orders by individual
investors, according to Fidelity Research   
    ** Stocks linked to former U.S. President Donald Trump have
often moved in tandem with one another  urn:newsml:reuters.com:*:nL4N2TN2S9
    ** Software developer Phunware Inc  PHUN.O , hired by
Trump's 2020 Presidential reelection campaign to build a phone
app, falls 9.3% 
    ** Remark Holdings  MARK.O , which has been linked to Trump
on social media forums, declines 4%; Reuters could not
independently verify the link between Trump and Remark Holdings
    ** Blank-check firm Benessere Capital  BENE.O , a SPAC run
by DWAC's CEO and former investment banker Patrick Orlando, down
0.4%    
    ** SPAC CF Acquisition Corp VI  CFVI.O , which will take
Canadian video platform Rumble Inc public, inched up 0.7% 
    ** U.S. House of Representatives Minority Leader Kevin
McCarthy is making Rumble his preferred platform with exclusive
content, Rumble says  urn:newsml:reuters.com:*:nPn6JSDNta
    ** Trump's social media venture entered into a tech and
cloud-services agreement with Rumble in Dec  urn:newsml:reuters.com:*:nL4N2SZ422

 (Reporting by Anisha Sircar and Bansari Mayur Kamdar in
Bengaluru)
 ((Anisha.Sircar@thomsonreuters.com;))