Donald Trump Jr. has joined the board of directors of PSQ Holdings, the parent company of e-commerce platform PublicSquare, leading to a 270% surge in the company's stock. PublicSquare, which focuses on connecting consumers with businesses that share patriotic values, aims to create a 'cancel-proof' economy. Despite reporting a third-quarter net loss, the company's market value tripled following the announcement. Financial executive Willie Langston also joined the board, further strengthening the company's leadership.
Donald Trump Jr. is set to join the board of PSQ Holdings, the parent company of the 'woke-free' marketplace PublicSquare, causing the company's stock to surge by 90%. PublicSquare, which promotes itself as a marketplace for businesses that reject progressive ideologies, has seen significant growth since its 2022 launch. The board already includes several prominent Republicans, and Trump's involvement is seen as potentially advantageous for the company, similar to his recent impact on the drone maker Unusual Machines.
Shares of PSQ Holdings, the owner of the online marketplace PublicSquare, surged over 130% following reports that Donald Trump Jr. might join its board. The company, which focuses on commerce and payments with a conservative ethos, saw its stock rise significantly after similar news boosted shares of other companies Trump Jr. has recently joined. PSQ Holdings, a microcap stock, reported significant operational losses last quarter, and its director Kelly Loeffler recently increased her stake in the company.
Donald Trump Jr. is set to join the board of PSQ Holdings Inc., the owner of the online marketplace PublicSquare, which has seen its shares more than double in New York trading. This move comes as Trump Jr. recently became a partner at investment firm 1789 Capital. The appointment has not been publicly announced, and neither PSQ nor Trump Jr. have commented on the matter.
