The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Digital World Acquisition Corp. and Trump Media & Technology Group Corp. Announce filing of Amendment No. 2 to the Form S-4 Registration Statement, Marking a Significant Milestone in their Proposed Business Combination.
Digital World Acquisition Corp is listed on the NASDAQ as a member of the Financial sector and is a part of the Shell Companies industry. At the end of the last regular session, the stock closed at $47.66 and fluctuated between $49.50 as its day high and $43.00 as its day low. The current market capitalization of Digital World Acquisition Corp is $1.77B. A total of 3.47 million shares were traded on the day, compared to an average of 2.52M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, DWAC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, DWAC has a high of $58.72 and a low of $12.34.
As of this writing, DWAC has an earnings estimate of $DWACW per share for the current quarter. EPS was calculated based on a consensus of Digital World Acquisition Corp. estimates, with a high estimate of $DiaMedica Therapeutics Inc. per share and a lower estimate of $Danaos Corporation.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DWAC’s latest balance sheet shows that the firm has $327.73k in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $6.63, while its Total Shareholder’s Equity was $282.68M.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock.