As the world deals with the aftermath of the missile attack on a Syrian airfield on Thursday by President Donald Trump, the company that makes the Tomahawk missiles used during the bombing is experiencing a surge in their stock, which is great for their investors, the president being one of them.
According to the Palmer Report, Business Insider reported in that Trump has stock in Raytheon.
Trump filed his financial disclosure with the FEC in 2015 and his stock portfolio included a wide variety of investments, including stocks in financial institutions, technology firms and defense firms, such as Raytheon.
After Syrian President Bashar al-Assad launched a deadly gas attack on his own people early this week, Trump launched an attack on the al-Shayrat military airfield, which is used by both Russian and Syrian military forces, bombarding it with 59 Tomahawk missiles.
Although the missile attack didn’t do much damage, the same base was used Friday by the Syrian air force to launch assaults, the increased tension between the countries have caused stock in Raytheon to go up.
Since winning the presidency, Trump continues to refuse to release his financial information, including his income taxes, and has the power to move his money and investments around as he sees fit.