Summary
President Trump's administration has taken stakes in several companies, boosting their stock prices significantly. These government equity investments have led to a rise in company values, attracting more companies to participate.
Key Facts
- The U.S. government under President Trump has taken equity stakes in nine companies.
- Companies with these deals saw an average share price increase of 85%.
- Intel's stock price more than doubled after the government bought a 9.9% stake.
- Trilogy Metals' share prices rose by 171%.
- MEP Materials' stock increased by 122%.
- Deals with private companies and specific revenue-sharing deals are not included in the average increase.
- L3Harris received a $1 billion investment from the Pentagon; the company's shares briefly increased after the announcement.