Drone company's stock soars after it appoints Donald Trump Jr. to advisory board

Shares in a little-known drone company soared Wednesday after it announced that Donald Trump Jr.

Shares in a little-known drone company soared Wednesday after it announced 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 news release.

“Don Jr. joining our board of advisors provides us unique expertise we need as we bring drone component manufacturing back to America,” CEO Allan Evans said in the release. “He brings a wealth of experience and I look forward to his advice and role within the Company as we continue to build our business.”

Trump Jr., in the statement, also put the move in the context of the America First economic agenda of his father, President-elect Donald Trump.

“The need for drones is obvious. It is also obvious that we must stop buying Chinese drones and Chinese drone parts,” Trump Jr. said. “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.”

https://www.nbcnews.com/business/business-news/drone-company-stock-soars-appointing-donald-trump-jr-advisory-board-rcna181987


Post ID: e9461bf4-9649-45df-8a07-98ee353ed4be
Rating: 5
Updated: 3 weeks ago
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