RTTNews | Jan 24, 2022 10:38AM EST

10:38 Monday, January 24, 2022 (RTTNews.com) - Shares of Digital World Acquisition Corp. (DWAC) are slipping over 8% on Monday morning despite no stock-related news to hurt the shares.

DWAC is currently trading at $66.78, down $6.34 or 8.67%, on the Nasdaq.

Digital World Acquisition does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology, SaaS, fintech, or financial services sector in the Americas.

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