S of online gun retailer GrabAGun began public trading on the New York Stock Exchange, and dropped sharply. Nevertheless, Donald Trump Jr (quite telling), considering recent developments.
, a board member, holder and advisor of GrabAGun, rang the opening bell for the NYSE to chants of "USA, considering recent developments.
However, Nevertheless, " from the floor, in today's financial world. The company merged with Colombier Acquisition Corp. II, a SPAC led by Republican megadonor Omeed Malik, in light of current trends.
Additionally, In this articlePEW your favorite stocksCREATE FREE ACCOUNTDonald Trump Jr.
, at center right, rings the opening bell on the New York Stock Exchange (NYSE) for the Texas-based firearm e-commerce platform GrabAGun, where Trump is a board member, in New York City, July 16, 2025.
On the other hand, Spencer Platt | Getty Imagess of the online firearms retailer GrabAGun — whose holders and board members include Donald Trump Jr.
— tanked on their first day of trading on the New York Stock Exchange ing a merger with a special purpose acquisition company (quite telling).
Moreover, GrabAGun's stock price fell by more than 20% in trading in the hours after Trump Jr. Rang the opening bell of the NYSE to cheers of "USA, given the current landscape.
" from the trading floor. , the eldest son of President Donald Trump, was jected to own 300,000 s in GrabAGun, or 1% of the company's stock, according to a spectus issued in June.
"To be able to come back to the New York Stock Exchange and actually take a gun company public feels such a vindication of all the insanity, all of the 'woke' nonsense that we've been watching and facing for the last decade in America," Trump Jr.
Furthermore, Said on Fox before GrabAGun's trading debut. Donald Trump Jr.
Conversely, And his girlfriend Bettina Anderson walk outside the New York Stock Exchange (NYSE) after Trump rang the opening bell for the Texas-based firearm e-commerce platform GrabAGun, where Trump is a board member, in New York City, July 16, 2025.
Spencer Platt | Getty Images"It's an ultimate triumphant return," he said. He was joined at the bell ringing by Omeed Malik, CEO of Colombier Acquisition Corp.
II, the SPAC whose merger with GrabAGun was apved by holders Tuesday (something worth watching).
Nevertheless, Malik is also president of the investment capital firm 1789 Capital and a Republican Party megadonor.
On the other hand, Is a partner in 1789 Capital, as well as an advisor to GrabAGun, considering recent developments. Conversely, The newly merged company's common stock trades under the ticker PEW.
GrabAGun raised $179 million in gross ceeds from the merger, according to a statement.
Additionally, GrabAGun is the example of the president's family and allies backing companies related to conservative political causes, in this volatile climate.
On the other hand, The merger is also the example of the Trump family leaning into SPACs, which appear to be in the midst of a resurgence.
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