Business Insider
04 Aug 2026, 02:34 UTC · 2h ago
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2 claims · each scored for market impact
President Trump publicly endorsed Scotts Miracle-Gro, stating the company would soon replace grass in 700 acres of parks around Washington, DC. — A direct presidential endorsement and the prospect of large-scale government-associated projects can drive retail investor interest and potentially increase revenue for a public company.
+0.40Scotts Miracle-Gro contributed $1 million to the National Park Service for White House lawn restoration and donated $500,000 to a pro-Trump PAC in 2024. — These expenditures establish a financial link and potential favor-trading relationship, though the cost is immaterial to the company's overall balance sheet.
+0.10Which stocks this story touches
President Trump publicly praised the company's products and mentioned upcoming work in DC parks.
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Mentioned as a company endorsed by Trump to support Elon Musk.
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