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Donald Trump Jr. joins Unusual Machines advisory board shares surge over 90 percent

Shares of Unusual Machines surged over 90% after Donald Trump Jr. joined its advisory board, with the CEO highlighting the need for U.S. drone manufacturing. The company, which recently reported a net loss of $4.86 million, aims to reduce reliance on Chinese drone products. Heavy trading activity followed the announcement, with shares rising from $5.36 to over $8. In a recent regulatory filing, Unusual Machines disclosed changes in its accounting firm and issues with prior financial statements, necessitating a re-audit.
CNBC
United States Dollar Unusual Machines, Inc. Red Cat Holdings, Inc. USA Donald Trump Jr. Allan Evans Jeffrey Thompson Holly Valance Show more
Finance & Economy, Market Report
15:19 27.11.2024
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