TROOPS surged 14.50% intraday following President Trump’s announcement that National Guard troops will be deployed to New Orleans, per Louisiana Gov. Jeff Landry’s request. The deployment, part of the administration’s public safety campaign, aligns with TROOPS’ business focus on military logistics or troop-related services. The move to New Orleans marks a new federal operation in a Democrat-led city, with Landry emphasizing the need for 1,000 troops to address crime. While other news events, such as Ukraine-related updates or military ethics debates, were unrelated to U.S. National Guard activity, the New Orleans deployment directly linked to TROOPS’ operations, driving the sharp intraday rally.
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