Gronlandsbanken A/S, a little-known Danish bank, is on a wild ride thanks to — you guessed it — Donald Trump.
The lender has soared 8% since the president-elect declared he wouldn’t need military force to acquire the world’s largest island.
Trump wasn’t done. He also casually floated the idea of turning Canada into the 51st state. Because why stop at Greenland?
Back to Gronlandsbanken: trading volumes are still tiny, just a few thousand shares, but that’s massive compared to the 40–50 shares traded daily before Trump started his takeover talk.
Read more: The real Trump trade has barely started
Only Trump’s obsession with real estate can put even the most frigid frontier in the spotlight like this.
Edited by Ankush Chibber. If you have any tips, ideas or feedback, please get in touch: talk-to-us@moniify.com
