DWAC prices predicted.

Predicting DWAC prices amidst recent developments requires a nuanced analysis, considering both the market sentiment and the underlying fundamentals.1. Market Sentiment and Political Overtones: The approval of the merger between Digital World (DWAC) and Trump Media & Technology Group (TMTG) reflects a strong market interest in the venture. However, the negative market reaction post-merger approval, with DWAC stock down by 13.7%, suggests concerns over the association with Donald Trump, including legal uncertainties and potential reputational risks.2. Financial and Valuation Concerns: The University of Florida's finance professor Jay Ritter's assertion of DWAC being "grossly overvalued" echoes broader market sentiment. This view, combined with the SPAC merger's lockup period, which restricts insider sales for six months, could lead to a period of price adjustment as investors recalibrate expectations.In conclusion, while the market sentiment is influenced by the political connections, the financial concerns and potential overvaluation of DWAC stock should not be disregarded. Investors should brace for volatility in the short term, considering both the political and financial aspects of the merger.