{"id":79740,"date":"2021-10-25T00:56:01","date_gmt":"2021-10-25T04:56:01","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79740"},"modified":"2021-10-25T00:43:57","modified_gmt":"2021-10-25T04:43:57","slug":"two-hedge-funds-sell-stakes-in-trump-spac-firm-dwac-after-merger-news-big-stock-price-rise","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2021\/two-hedge-funds-sell-stakes-in-trump-spac-firm-dwac-after-merger-news-big-stock-price-rise.html","title":{"rendered":"Two hedge funds sell stakes in Trump SPAC firm DWAC after merger news, big stock price rise"},"content":{"rendered":"\n<p>(CNBC) At least two hedge funds sold their stakes in <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/DWAC\" target=\"_blank\">Digital World Acquisition Corp.<\/a> after <a href=\"https:\/\/www.cnbc.com\/2021\/10\/20\/trump-announces-social-media-platform-launch-plan-spac-deal.html\">that SPAC firm announced plans to merge with <\/a>former President <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/DWAC\" target=\"_blank\">Donald Trump<\/a>\u2019s planned social media platform. Lighthouse Investment Partners shed its holdings in Digital World Acquisition after learning of the deal with Trump\u2019s venture, the fund told CNBC.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/10\/22\/hedge-fund-sells-stake-in-trump-spac-firm-dwac-after-merger-news.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) At least two hedge funds sold their stakes in Digital World Acquisition Corp. after that SPAC firm announced plans to merge with former President Donald Trump\u2019s planned social media platform. Lighthouse Investment Partners shed its holdings in Digital World [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79740","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79740"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79740\/revisions"}],"predecessor-version":[{"id":79741,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79740\/revisions\/79741"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}