Trump-linked stocks surge after Donald Trump announces fresh presidential bid

Remark Holdings

16/11/2022 10:32

** Stocks linked to former U.S. President Donald Trump
surged in premarket trading after he launched a presidency bid
for 2024 
    ** Shares of Digital World Acquisition Corp  DWAC.O , the
blank check company that agreed to take Trump's social media
company public, soars 10.4%
    ** Remark Holdings  MARK.O , which has been linked to Trump
on social media sites, is up 5.1%. Reuters has not independently
verified the link between Trump and Remark
    ** Software developer Phunware Inc  PHUN.O , hired by
Trump's 2020 presidential reelection campaign to build a phone
app, gains 13.5%
    ** Rumble Inc  RUM.O , a Canadian video platform popular
with conservatives, jumped 1.5%
    ** DWAC is the third most-trending stock on investor-focused
social media platform Stocktwits.com
 (Reporting by Shashwat Chauhan in Bengaluru)
 ((Shashwat.Chauhan@thomsonreuters.com))