Company News - Unusual Machines shares soared for a second straight session after Donald Trump Jr joined the drone parts maker's advisory board [1] - The company's CEO Allan Evans stated that Trump Jr's appointment was not aimed at leveraging his connections to secure government contracts [1] - Trump Jr owns more than 331,000 shares of Unusual Machines [2] - Unusual Machines began publicly trading in February and the Trump Jr news sent shares to all-time highs in the past two sessions [2] Stock Performance - Unusual Machines shares were up 32% to 14 10, a 42 57% increase, on November 29, 2024 [4] Industry Perspective - Trump Jr emphasized the need for the US to stop buying Chinese-made drones and drone parts, highlighting the importance of domestic drone manufacturing [2] - He expressed enthusiasm for Unusual Machines' efforts to bring drone manufacturing jobs back to the USA [2]
Unusual Machines Stock Hits Another Record on Donald Trump Jr Advisory Role