Shares in an online anti-wake market jumped more than 180% on Tuesday after the news Donald Trump Jr. he joined the board of directors of the company.
President-elect Donald Trump’s eldest son was appointed to the board of PSQ Holdings, Inc. on Tuesday, a source close to Donald Trump Jr. told ABC News.
The company has confirmed the development through a press release.
“The American people have affirmed the importance of freedom, and PublicSquare is at the forefront of this movement,” Trump Jr. said in a statement. “As CEO, I am committed to the long-term success of this important mission for our customers, merchants and shareholders.”
In this July 17, 2024, file photo, Donald Trump Jr., son of former President Donald Trump, speaks on stage at the Republican National Convention in Milwaukee, Wisconsin.
Leon Neal/Getty Images, FILE
The company, whose headquarters are a short drive from Trump’s Mar-a-Lago estate in Palm Beach, Florida, bills itself as “America’s leading commerce and payments ecosystem that values life, family and freedom.”
Following Trump Jr.’s announcement, the company’s market capitalization more than doubled overnight, from $72 million on Monday to $196 million as of Tuesday afternoon.
