Trump's Eldest Son's Stake-Held Company Unusual Machines Surges 57%. U.S. Government Launches Drone Support Policy
Tradingkey - On May 28, the Trump administration introduced a new round of industrial support policies. Diverging from the previous focus on the semiconductor sector, the emphasis of this policy has shifted to the drone industry. Buoyed by the positive news, the drone sector rallied across the board today. By the close, Unusual Machines (UMAC) surged 57.20%, Red Cat Holdings (RCAT) rose 32.61%, AEVEX Corp (AVEX) climbed 31.13%, and Ondas (ONDS) gained 22.69%.
TradingKeyThu, May 28