Donald Trump Jr. joins e-commerce company PublicSquare as its shares soar 270%
Shares of PSQ Holdings, an online commerce and payments company that describes itself as “valuing life, family and freedom,” surged more than 270% on Tuesday following news that Donald Trump Jr. has joined its board of directors .
Headquartered in West Palm Beach, Florida, PSQ operates PublicSquare, an e-commerce platform offering a range of consumer products and services. The company, which also sells baby products under the EveryLife brand, describes its mission as “connecting patriotic Americans with quality businesses that share their values, whether online or in their local communities.”
Trump Jr. said in a statement: “With the market and payments ecosystem rapidly evolving, PublicSquare has a unique position in the market built on the core principles of our nation’s founding, coupled with a results-driven management team. status.” “The American people have recognized the importance of freedom, and PublicSquare is at the forefront of this movement.”
in a Press releasePresident-elect Donald Trump’s son, Trump Jr., is committed to creating a “cancel-proof” economy, PublicSquare CEO Michael Seifert said. He also touted Trump Jr.’s business experience and highlighted his “leadership” in the shooting sports industry.
PSQ also announced that financial industry executive Willie Langston, a partner at asset management and advisory firm Coorient in Houston, Texas, will join its board of directors.
PSQ reports third quarter net worth in November loss $13.1 million on revenue of $6.5 million. The company’s shares soared $5.57 on Monday to close at $7.63, more than three times PSQ’s market capitalization, from about $72 million on Monday to more than $265 million at Tuesday’s close.
