From CNBC: 2024-12-03 09:31:57

Donald Trump Jr. is rumored to join PSQ Holdings board, causing stock to surge 120%. PublicSquare, a commerce company with a focus on “life, family, and liberty,” has a market cap of $72 million. PSQ had $6.5 million in net revenue for September quarter and $14 million in operational losses.

PSQ Holdings declined to comment on the rumors. Trump Jr. recently joined the board of Unusual Machines, a drone maker, and venture capital firm 1789 Capital. PSQ director Kelly Loeffler bought 1.2 million shares of PSQ on Oct. 24 for $3.25 million, set to increase in value with the rally.

Read more: PSQ Holdings doubles, becoming latest stock to rip higher on news of Donald Trump Jr.’s involvement