By CCN: It’s not rare for Donald Trump’s social media antics to trigger a stock market sell-off, but one unexpected tweet from the president sent a little-known stock surging more than 200% this week. Trump Tweet Catalyzes Spectacular Stock Rally Writing in a Wednesday morning tweet, President Trump revealed that electric truck maker Workhorse planned to buy GM’s “beautiful Lordstown Plant” in Ohio following its recent closure. GREAT NEWS FOR OHIO! Just spoke to Mary Barra, CEO of General Motors, who informed me that, subject to a UAW agreement etc., GM will be selling their beautiful Lordstown Plant to Workhorse,
The post Little-Known Stock Surges 214% After Surprising Trump Tweet appeared first on CCN
source https://www.ccn.com/little-known-stock-surges-214-after-surprising-trump-tweet
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