Stock tied to Trump's new media venture soars again

The company that will bring President Donald Trump's new media venture to the stock market soared even higher on Friday as day traders continued to pour in. Digital World Acquisition Corp. nearly tripled in the first minute of trading before being temporarily halted. It had given up some of those gains as of 11:22 a.m. Eastern time, and was trading at $73, up 60.4 percent. The stock had more than quadrupled the day before after Trump Media & Technology Group announced a merger. Experts have different perspectives on the company's prospects.