Trump’s multimillion dollar sushi bet sends Japanese chain’s stock soaring
President Donald Trump's investment in Kura Sushi USA has led to a significant increase in the company's stock price. This purchase has sparked discussions about the implications of Trump's stock holdings while in office. Critics, including Senator Elizabeth Warren, have raised concerns about potential conflicts of interest related to his investments.
- ▪Trump purchased between $1 million and $5 million of stock in Kura Sushi USA, boosting the company's shares by over 5%.
- ▪The investment has drawn attention in Japan, with some speculating it was a mix-up with another company.
- ▪Senator Elizabeth Warren criticized Trump for potential corruption linked to his Nvidia holdings, citing national security concerns.
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President Donald Trump purchased between $1 million and $5 million of stock in Kura Sushi USA, a Japan-linked conveyor-belt sushi chain, helping send the company’s shares up by more than 5%. Kura Sushi USA, tied to the Japan-based Kura Sushi chain, stood out among roughly 3,700 trades disclosed in the president’s latest filings with the Office of Government Ethics. It was one of Trump’s largest purchases of the year so far. Recommended Stories Trump jokes he’ll ‘go to Israel and run for prime minister’ after leaving White House Trump calls on Republicans to replace Senate parliamentarian Trump wishes Spencer Pratt ‘well’ in Los Angeles mayoral race The sushi investment raised speculation in Japan, where some social media users questioned whether the purchase was intentional.
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