President Trump Purchases UFC Parent Company Stock Amid White House Event Promotion
President Donald Trump has been reported to have purchased stock in TKO Group Holdings, the parent company of the UFC, as he promotes a UFC event planned for the White House South Lawn. According to a financial disclosure reviewed by The Huffington Post, Trump acquired between $15,001 and $50,000 worth of stock in the company on March 25. This purchase coincides with his public promotion of a UFC fight card event scheduled for June 14, which is intended to celebrate both America's 250th anniversary and his 80th birthday. The event is expected to generate significant publicity for TKO Group Holdings, as noted by S.V. Date of HuffPost. The White House has not responded to requests for comment on the stock purchase.