Shares of companies tied to former U.S. President Donald Trump gained in early trading on Friday, drawing interest from retail investors after the ex-president was indicted in a historic first.
“If more people are talking about Trump, more will gravitate to his social media platform and there’s likely to be a lot more cash swelling the coffers of his campaign budget.” “There is always the prospect that if he successfully defends the charges, it may actually boost his appeal and increase his chances of winning the presidency again,” Stuart Cole, head macro economist at Equiti Capital said.