Digital World Acquisition Corp. (DWAC) Stock

About Digital World Acquisition Corp.

Digital World Acquisition Corp. currently has no substantial operational activities. Its main purpose is to achieve a strategic business combination, which could involve a merger, asset acquisition, stock purchase, or corporate reorganization, with one or more established companies. The firm aims to pinpoint promising opportunities within the technology sector, specifically Software-as-a-Service (SaaS), as well as the financial technology (fintech) and broader financial services industries throughout the Americas. Digital World Acquisition Corp. was founded in 2020 and maintains its corporate headquarters in Miami, Florida.

Digital World Acquisition Corp. is headquartered in US.

Digital World Acquisition Corp. (DWAC) stock trades at $49.95 with a market capitalization of $1.86B. The stock is valued at a negative price-to-earnings (P/E) ratio of -12.09, reflecting a net loss over the last twelve months, price-to-book of 11.03, price-to-sales of 497.16. Over the past 52 weeks the stock has ranged between $32.10 and $52.80, and currently trades 5.4% below its 52-week high.

On profitability, Digital World Acquisition Corp. generates a return on equity (ROE) of -58.19% (negative, reflecting a net loss), return on capital employed of -65.84%, an operating margin of -14325.00%, a net profit margin of -17775.00%.

Official website: www.dwacspac.com