U.S.-listed Greenland stocks surge after Trump agrees security deal with Denmark

Men hoist a Greenlandic flag near polling stations, in Nuuk, Greenland, on March 24, 2026 during the parliamentary election in Denmark.Florent Vergnes | Afp | Getty ImagesShares of U.S.-listed companies exposed to Greenland surged on Monday after the U.S. and Denmark reached a deal regarding security arrangements on the Arctic territory.Shares of Greenland Energy soared more than 141% during premarket trading, with Greenland Mines seen up nearly 70% and Critical Metals Corp more than 30% higher. The agreement, which is expected to be signed during the United Nations General Assembly this week, sees the U.S., Denmark and Greenland enter into a pact to develop a significant military presence on the territory, while blocking Washington's adversaries from building their own bases there.It comes after several months of Trump's threats to annex the self-governing Danish territory, with the president insisting Greenland is critical to U.S. national security.Announcing the deal, Trump said via Truth Social on Friday that the U.S. would "FOREVER have the complete ability to do what is necessary in Greenland in order to secure and defend the security of Greenland, and the United States of Am...