The Trump merger potential was priced in, as the anchor investors ran for the hills at the mere mention of his name, because he can’t run a business to save his life.
Now is the part where people gradually get nervous and continue to bail once they find out that the chosen few get to buy in at steep steep discounts cuz that’s how SPACs work and that those chosen few are likely to sell the minute they are allowed to
Another thing weighing on the minds of investors will be the very real possibility that this merger never even happens, because don the idiot (likely) violated SPAC rules in the first place, by allegedly arranging the target merger prior to the SPAC going live
He’s a moron surrounded by “yes” people