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Trump government stakes give Midas touch to companies

Trump government stakes give Midas touch to companies

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.

Source Information