Boutique Investment Bank Tied to Trump Family Poised for Growth: Surge in Growth Score
Dominari Holdings Surge: Dominari Holdings Inc. has seen a significant increase in its Growth score in Benzinga’s Edge Stock Rankings, rising from 26.32 to 92.72, largely due to a 1,150% year-over-year revenue increase reported in its recent third-quarter results.
Trump Family Ties: The investment bank is closely linked to the Trump family, with Eric Trump and Donald Trump Jr. each holding a 6.28% stake, enhancing its connections within the political sphere.
Investment Gains: Dominari experienced a remarkable 2,440% gain from a $5 million investment in SRM Entertainment Inc., which has been rebranded as Troy Inc., contributing to its overall stock performance.
Market Performance: Despite a pullback since June, Dominari Holdings is still up 186% year-to-date, reflecting strong momentum and growth potential according to Benzinga’s rankings.
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