President Donald Trump’s recent visit to Greater Cincinnati ended on a sour note a few days later.
It turns out the president, or whoever is handling his investment portfolio, is a prolific day-trader and Trump lost money on a company with local operations. Newly released financial disclosures by the U.S. Office of Government Ethics show the president bought and sold stock, index funds and other investments more than 3,600 times in the first three months of 2026.
Among those investments was Thermo Fischer Scientific. Trump acquired between $67,000 and $215,000 worth of shares in four transactions, including one purchase on March 11, the same day he visited the company’s Reading, Ohio, facility in suburban Cincinnati. The local facility is a pharmaceutical development and manufacturing site where the Boston-based Fortune 500 company helps drug companies design, test and produce tablet- and capsule-based medicines.
Seven days later, Trump parted with a chunk or all of the investment, selling off between $50,000 to $115,000 worth of shares in two transactions. The stock had fallen about 4% to 9% in value. But a week after, Trump bought back $15,000 and $50,000 worth of shares after they had rebounded slightly.
Trump’s company says trades are handled by a third party, not the president
The president’s company, the Trump Organization, said his investment accounts are managed by third-party financial institutions without input from Trump or his family.
Still, the disclosure shows Trump invests in multiple companies that he has hosted at the White House or with whose executives he has traveled with or visited, including trades worth at least $220 million involving corporations such as Nvidia, Apple, Microsoft and Tesla.
During the first quarter of 2026, Trump also bought and sold stock with several locally-based companies, including Procter & Gamble, Kroger, GE Aerospace, Cintas and Cincinnati Financial.
During his Cincinnati visit, Trump also visited a privately-owned business in Northern Kentucky, Verst Logistics. In separate appearances, Trump praised the military’s performance in the strikes he called against Iran, the economy, criticized predecessors Joe Biden and Barack Obama and showed his support for Republican Congressional candidate Ed Gallrein in his primary challenge to U.S. Rep. Thomas Massie.
USA TODAY contributed to this report.
This article originally appeared on Cincinnati Enquirer: President Trump lost money on stock trade with ties to Cincinnati trip
Reporting by Alexander Coolidge, Cincinnati Enquirer / Cincinnati Enquirer
USA TODAY Network via Reuters Connect
