These Small Stocks Got a Big Boost From Trump Jr. Tie-Ups

Investopedia12-06

Key Takeaways Shares of PSQ Holdings, the owner of "anti-woke" marketplace PublicSquare, and Unusual Machines, a drone parts provider, each surged more than 200% after announcing relationships with ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Small Stocks Got a Big Boost From Trump Jr. Tie-Ups\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-06 01:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/these-small-stocks-got-a-big-boost-from-trump-jr-tie-ups-8756730><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Takeaways\nShares of PSQ Holdings, the owner of \"anti-woke\" marketplace PublicSquare, and Unusual Machines, a drone parts provider, each surged more than 200% after announcing relationships with ...</p>\n\n<a href=\"https://www.investopedia.com/these-small-stocks-got-a-big-boost-from-trump-jr-tie-ups-8756730\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4592","symbol_name":"伊斯兰概念","start_time":0,"source_url":"https://www.investopedia.com/these-small-stocks-got-a-big-boost-from-trump-jr-tie-ups-8756730","article_id":"2489049518","we_media_id":null,"thumbnails":["https://www.investopedia.com/thmb/3aUtskRwoX1qDz_i-3c0LUbcUQo=/5114x3410/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-2184843716-7102c07cfd5b44f5b65186211198154e.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489049518","pubTimestamp":1733419732,"columns":[],"sourceInfo":{"source_id":"investopedia_highlight","name":"Investopedia"},"weMediaInfo":null,"summary":"Shares of PSQ Holdings, the owner of \"anti-woke\" marketplace PublicSquare, and Unusual Machines, a drone parts provider, each surged more than 200% after announcing relationships with Donald Trump Jr. in recent weeks.The companies each generate less than $10 million of quarterly revenue and are unprofitable, but both now have nine-figure market capitalizations. Trump Jr. is not expected to join his father in Washington, but he and his siblings could still have sway within his inner circle.Call it the junior Trump Bump—the stocks of several obscure companies have soared in recent weeks after announcing tie-ups with Donald Trump Jr., the President-elect's eldest son.Trump Jr.'s work with the two companies will deepen his involvement with the \"anti-woke\" economy. Shortly after his father was re-elected, Trump Jr. joined 1789 Capital, an investment firm \"that","collect":0,"end_time":0,"defaultTopTitle":"investopedia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4592":"伊斯兰概念","LU2063271972.USD":"富兰克林创新领域基金","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","PSQH":"PSQ HOLDINGS INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4157":"电子设备和仪器","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","BK4555":"新能源车","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","CEO":"中海油","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LBRT":"Liberty Oilfield Services Inc.","BK4527":"明星科技股","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4588":"碎股","BK4550":"红杉资本持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4574":"无人驾驶","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4551":"寇图资本持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4179":"石油天然气设备与服务","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4511":"特斯拉概念","TSLA":"特斯拉","UMAC":"Unusual Machines Inc","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","BK4516":"特朗普概念","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC"},"translate_title":"这些小股票因小特朗普的合作而大幅提振","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UMAC":1,"LBRT":1,"CEO":1,"PSQH":1,"TSLA":1},"content_text":"Key Takeaways\nShares of PSQ Holdings, the owner of \"anti-woke\" marketplace PublicSquare, and Unusual Machines, a drone parts provider, each surged more than 200% after announcing relationships with Donald Trump Jr. in recent weeks.The companies each generate less than $10 million of quarterly revenue and are unprofitable, but both now have nine-figure market capitalizations. Trump Jr. is not expected to join his father in Washington, but he and his siblings could still have sway within his inner circle. \n Call it the junior Trump Bump—the stocks of several obscure companies have soared in recent weeks after announcing tie-ups with Donald Trump Jr., the President-elect's eldest son. \n\n\n Shares of PSQ Holdings (PSQH), the operator of \"anti-woke\" marketplace PublicSquare, nearly tripled in value on Tuesday when it named Trump Jr. to its board of directors. He's expected to hold the position until at least the company's 2026 annual shareholder meeting. \n\n\n The announcement came just a week after Unusual Machines (UMAC), a drone parts supplier, announced it had appointed Trump Jr. to its advisory board, igniting a flurry of speculative buying. Investors traded 56 million shares the day of the announcement, more than twice the stock's total volume since it began trading in February. As of mid-November, Unusual Machines had just 8.3 million outstanding shares to trade.\n\n\n Since last month's presidential election, the stocks of several companies have soared on their proximity to Trump. Tesla (TSLA) shares have gained nearly 50% thanks to Chief Executive Officer (CEO) Elon Musk's close relationship with the President-elect. Shares of Liberty Energy (LBRT) rose 12% the week after Trump named its CEO, Chris Wright, as his Energy Secretary.\n\n\n  Small Companies, Big Stock Boost  \n The two companies are both small and new. PSQ Holdings went public via a merger with a special purpose acquisition corporation (SPAC) in July 2023. Shares began trading above $10 that month but had slid to just over $2 by the time Trump Jr. joined the board. In its most recent quarterly results, it reported a net loss of $13.1 million on $6.5 million in revenue. \n\n\n Unusual Machines has been public for less than a year. It lost $2.1 million on $1.5 million of revenue in the three months through September. \n\n\n Each stock's surge has ballooned its market capitalization. PSQ Holdings' market value stood at about $167 million at midday on Thursday, while Unusual Machines' was about $126 million. \n\n\n  Trump Jr. on Wall Street  \n Trump Jr. and his siblings are not expected to take roles in the White House next year, though he and his younger brother Eric were active on the campaign trail. They are expected to remain close to their father and have at least some influence over who gets his ear. \n\n\n Trump Jr.'s work with the two companies will deepen his involvement with the \"anti-woke\" economy. Shortly after his father was re-elected, Trump Jr. joined 1789 Capital, an investment firm \"that provides financing to companies in the budding Entrepreneurship, Innovation & Growth ('EIG') economy.\" The firm was founded by Omeed Malik, a former hedge fund advisor at Bank of America Merrill Lynch and CEO of the SPAC that took PSQ Holdings public.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489049518"}