Shares of U.S.-listed companies exposed to Greenland surged on Monday after the United States and Denmark reached a security deal regarding the Arctic territory. Greenland Energy soared as much as 150% during premarket trading, Greenland Mines gained over 80% and Critical Metals Corp rose nearly 25%. The agreement, set to be signed during the United Nations General Assembly this week, establishes a pact between the three parties to develop a significant military presence on the territory while blocking U.S. adversaries from building their own bases there. This arrangement follows several months of threats by Donald Trump to annex Greenland, with the president insisting the territory is critical to U.S. national security.
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