How Trump could reap $100M windfall from Stormy Daniels indictment

Former President Donald Trump and his social media platform could reap a $100 million windfall as a result of his historic, precedent-setting criminal indictment by the Manhattan District Attorney’s Office.

Shares of the special purpose acquisition company (SPAC) that was created to take Trump’s media company public soared by as much as 10% in pre-market trading on Friday — less than 24 hours after news of the indictment broke. ---More...