First off, it’s worth pointing out
$Digital World Acquisition Corp (DWAC.US)$. It’s a special purpose acquisition company (SPAC) set to take Trump’s Truth Social platform public.That’s a social media service that Trump is working on that will reportedly focus on First Amendment rights.With this announcement, any stocks connected to Trump have been soaring higher.
Recent news concerning Trump hotels getting Sharecare Health Security Verified has investors looking to MARK stock.However, there may be some confusion there as
$Sharecare (SHCR.US)$ is behind the news.
So why are investors turning to
$Remark Holdings (MARK.US)$ stock instead?It’s due to Remark Holdings being a partial owner of Sharecare.This has investors bypassing SHCR stock in favor of picking up shares of a company above it instead. Remark Holdings operates a workplace artificial intelligence (AI) through its KanKan business.It also holds a few other companies in its portfolio.Sharecare is among them, as well as Bikini.com, and investments in Hollywood to drive brand growth in China. The company’s market cap is $464.622 million.