The post U.S. politician buys 1 stock day after Trump’s inauguration—It’s now up over 80% appeared on BitcoinEthereumNews.com.

Representative James Comer, Chairman of the House Committee on Oversight and Accountability, made just one stock trade the day after Donald Trump was inaugurated in January 2025.  The move? A purchase of Palantir Technologies Inc. (NASDAQ: PLTR) which was highlighted by Finbold earlier in the year. According to financial disclosure data, Comer bought between $1,001 and $15,000 worth of Palantir stock on January 21, 2025, just 24 hours after the presidential swearing-in. The transaction was officially disclosed on February 11, 2025, in line with congressional reporting rules. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal Since that purchase, Palantir’s stock has surged more than 82%, closing at $132.04 on June 2, up $0.26 (0.20%) for the day. PLTR year-to-date price chart. Source: Finbold Palantir stock continues to rise Palantir, a software and data analytics firm with strong ties to U.S. government agencies, has seen growing investor interest as national security and defense-related technologies return to the spotlight under the Trump administration.  The timing of Comer’s trade, immediately following a major political shift, has raised eyebrows among market watchers tracking congressional trading behavior. While the purchase falls within legal trading limits, the purchase of PLTR when it was trading around $73 adds to ongoing discussions around the intersection of policy making and personal investing among lawmakers. Featured image via Shutterstock Source: https://finbold.com/u-s-politician-buys-1-stock-day-after-trumps-inauguration-its-now-up-over-80/

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Filed under: News - @ June 3, 2025 10:24 am