Digital World Drops Amid Trump’s Arraignment
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 5 April 2023
⏱️ 10 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning. Today is Wednesday, April 5th, and I'm your host, Julie Morgan. |
| 0:12.0 | Former President Donald Trump enters a not guilty plea on |
| 0:15.4 | 34 counts in a Manhattan court. Digital World Acquisition falls 8% on the same |
| 0:21.0 | day. Today is stock of the week Wednesday and we're hearing from Zachary Marks. |
| 0:26.0 | He works on the quantitative team at Seeking Alpha. |
| 0:29.0 | He's telling us about a company with five different operating segments. |
| 0:33.4 | Nell Net is in the financial sector currently, |
| 0:36.7 | but I think in the future, |
| 0:38.4 | it might have a chance to move sectors. |
| 0:40.6 | Nell Net to stickericker symbol in an eye. |
| 0:43.0 | A Johnson and Johnson subsidiary refiles for Chapter 11 bankruptcy protection. |
| 0:48.0 | LTL management was created to settle lawsuits associated with the company's Talk products. |
| 0:55.0 | Our top story. |
| 0:56.5 | Digital World Acquisition, which is taking Donald Trump's social media company |
| 1:01.0 | and Truth Social App Public, fell 8% on Tuesday. |
| 1:05.1 | The former president was formerly arraigned on charges related to alleged hush money payments |
| 1:10.3 | made during the 2016 presidential campaign. |
| 1:13.4 | The 45th President of the United States was arraigned and entered a not guilty plea on 34 felony counts of falsifying business records. |
| 1:22.1 | Digital World also announced on Monday that it had to delay filing its 10K |
| 1:27.1 | for the year ended December 31st. |
| 1:29.6 | The WAC expects to file its annual report within the 15-day grace period. |
... |
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