Dominari Holdings shares surge after Donald Trump Jr. and Eric Trump join advisory board
From CNBC: 2025-02-11 10:37:16
Dominari Holdings saw shares soar after Donald Trump Jr. and Eric Trump joined the advisory board. The stock rose 83.9% before settling 30% higher. Dominari, with a market cap of $51.5 million, focuses on wealth management and investment banking. The Trump brothers participated in a recent $13.5 million funding round.
CEO Kyle Wool stated that Dominari is seeking investment opportunities in artificial intelligence and data centers. Trump Jr. emphasized the importance of AI in advancing industries and contributing to the ‘America First’ agenda. Trump Jr. has also joined other corporate boards since his father’s election victory, including PSQ Holdings and Unusual Machines.
In addition to Dominari Holdings, Trump Jr. has joined the boards of PSQ Holdings and Unusual Machines. He also recently became a partner at venture capital firm 1789 Capital, which invests in products and companies aimed at conservatives. Trump Jr.’s involvement in various businesses reflects his interest in contributing to strategic planning and investment discussions.
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