DWAC Stock Quote and Investment Insights

DWAC stock has been a hot topic in the market, with its price fluctuating rapidly. The stock's volatility is due to its association with former President Donald Trump's social media platform, Truth Social.

DWAC's stock price has been influenced by the company's efforts to go public and raise funds for its operations. In January 2022, the company raised $1.8 billion in its initial public offering (IPO).

Investors have been closely watching the company's progress, with many hoping to capitalize on its potential for growth. However, the stock's price has been impacted by various factors, including regulatory issues and market sentiment.

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The DWAC stock quote is a snapshot of the company's financial health and performance. Market capitalization stands at $1,858,689.

DWAC's shares outstanding total 37,211, giving investors a sense of the company's ownership structure. The annual sales figure is $0, indicating the company's revenue is currently at zero.

The company's annual income is -$15,220,000, which is a significant loss. EBIT and EBITDA are both -$36,000,000, showing the company's operating and cash flow performance is also negative.

The 60-month beta of 6.27 indicates the company's stock price is highly volatile. The Price/Sales, Price/Cash Flow, and Price/Book ratios are all N/A, as the company's sales and income are currently at zero.

The Price/Earnings ttm ratio is 0.00, and the Earnings Per Share ttm is also 0.00, indicating the company is not currently generating earnings. The most recent earnings were N/A on 11/22/23.

The next earnings date is unknown, and the annual dividend and yield are also N/A. The company's sector is Business Services, and industry grouping is Technology Services.

The price performance of DWAC stock has been quite volatile in recent months. The 1-month performance shows a gain of +0.54% since February 23rd, with a period low of $32.10 on March 19th and a period high of $52.80 on March 25th.

The 3-month performance is even more impressive, with a gain of +194.34% since December 22nd, despite a period high of $58.72 on January 23rd and a period low of $16.90 on January 12th. This is a significant increase, and it's essential to keep an eye on the market trends.

The 52-week performance is also noteworthy, with a gain of +286.61% since March 24th, 2023, despite a period high of $58.72 on January 23rd and a period low of $12.40 on June 23rd, 2023.

Here's a summary of the key price performance metrics:

The current share price of DWAC is $49.95, which is a significant increase from the 52-week low of $12.40. However, it's essential to keep in mind that the beta of the stock is 6.33, indicating a higher level of volatility.

Digital World Acquisition stock has been quite the rollercoaster ride lately, with its price fluctuating significantly over the past few months.

The 1-month performance of DWAC stock shows a period low of $32.10 on March 19, 2024, and a period high of $52.80 on March 25, 2024, with a performance of +0.27 (+0.54%) since February 23, 2024.

This stock's price has seen some wild swings, with a 3-month performance of +32.98 (+194.34%) since December 22, 2023, and a 52-week performance of +37.03 (+286.61%) since March 24, 2023.

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Here's a breakdown of DWAC's recent performance:

The current share price of DWAC is $49.95, with a 52-week high of $58.72 and a 52-week low of $12.40. The stock's beta is 6.33, indicating a high level of volatility.

In the past 7 days, DWAC has seen a remarkable 40.4% return, significantly outperforming the US Capital Markets industry.

DWAC's 1-year return of 266.5% is a staggering figure, eclipsing the US Capital Markets industry's 34.5% return and the US Market's 22.7% return.

Here's a comparison of DWAC's returns with the US Capital Markets industry and the US Market over the past 7 days and 1 year:

Shareholder returns can be a fascinating topic, and in this section, we'll dive into some key statistics.

DWAC has seen a remarkable 40.4% return over the past 7 days, which is a significant jump.

In comparison, the US Capital Markets industry returned 2.1% over the same period, while the US Market actually declined by 0.05%.

Looking at the 1-year returns, DWAC has skyrocketed by 266.5%, far surpassing the US Capital Markets industry's 34.5% return.

Here's a summary of the returns:

DWAC's impressive returns have also allowed it to outperform the US Market, which returned 22.7% over the past year.

The average volume of DWAC shares traded over the past three months is a significant 397.69K USD.

This indicates a relatively high level of trading activity in the stock.

The average daily volume over the past 10 days is lower, at 176.94K USD.

This suggests that the trading activity may be more volatile over shorter periods of time.

There are 30.02M shares outstanding, which is the total number of shares currently held by all investors.

This is also the same as the number of shares available for trading, as the float is also 30.02M.

A significant percentage of these shares are held by institutions, at 6.12%.

This could indicate that professional investors have a vested interest in the company's performance.

The percentage of shares held by insiders is lower, at 3.77%.

This suggests that company executives may not have a large stake in the company's success.

Here is a summary of the key statistics:

As you explore the world of DWAC stock, it's essential to understand the competitive landscape.

Vanguard Group, Inc. is a significant competitor in the space, managing over $7 trillion in assets under management.

BlackRock, Inc. is another major player, with a market capitalization of over $140 billion.

State Street Corporation is also a key competitor, with a market capitalization of over $30 billion.

These companies offer similar financial services to those provided by DWAC, making them direct competitors.

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DWAC stock is a popular choice among investors, with a market capitalization of over $1 billion.

The stock is listed on the NASDAQ exchange under the ticker symbol DWAC.

DWAC is a blank-check company, which means it's a shell company formed to raise capital through an initial public offering (IPO) with the intention of acquiring or merging with an existing business.

The company's IPO was completed in January 2021, raising $1.8 billion in funding.

DWAC's stock price has been volatile, with a high of over $175 per share in January 2022.