Drone company's stock soars after appointing Donald Trump Jr. to advisory board

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Rob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.

Shares in a little-known drone company soared Wednesday morning after announcing that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a drone manufacturer and a separate drone retailing firm, announced the appointment in an early-morning press release. “Don Jr.

“I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement.” After publishing the release, Unusual Machines' stock nearly doubled to more than $10 on heavy trading volume. In a parallel securities filing Wednesday, Trump Jr. is listed as Unusual Machines’ second-largest shareholder.

 

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