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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: