Unusual Machines' stock soared over 90% after Donald Trump Jr. joined its advisory board.

Unusual Machines, a Florida-based drone company, saw its stock surge over 90% after appointing Donald Trump Jr. to its advisory board. The company aims to bring drone manufacturing jobs back to the U.S. and reduce reliance on Chinese imports. Despite a net loss of $4.86 million for the nine months ending September, CEO Allan Evans sees Trump Jr.'s involvement as crucial for the company's growth and expertise. Trump Jr. previously owned shares in the company but does not anymore.

November 27, 2024
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