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News in English (USA) / 16.07.2025 / 22:00

GrabAGun Shares Plunge on NYSE Debut Despite Trump Jr. Backing

GrabAGun, an online firearms retailer with backing from Donald Trump Jr., has made its trading debut on the NYSE under the ticker PEW. The company completed a merger with Colombier II and was greeted with a lackluster response from investors, as shares tumbled nearly 19% during their initial trading day. Despite hype surrounding the listing and expressed support from Trump Jr., the plunge in stock value reflects existing market challenges and concerns regarding the firearms industry, particularly in a politically charged environment. PublicSquare, a strategic partner of GrabAGun, has celebrated this listing as a significant step in bolstering the parallel economy fintech network.
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