US Stock Market Move | Renamed as Tron Inc SRM Entertainment (SRM.US) rose more than 35%

On Wednesday, SRM Entertainment (SRM.US) saw its gains increase to over 35%, reaching $9.13. In terms of news, the company has been renamed to Tron Inc and will change its stock ticker from "SRM" to "TRON" on the NASDAQ starting July 17, 2025. Tron had previously announced plans to go public through a reverse merger and launch the TRX strategic reserve. SRM has pledged all of its TRX to earn staking rewards.