GrabAGun, Backed by Donald Trump Jr., Struggles in NYSE Debut

Reported 1 day ago

GrabAGun, an online firearms retailer supported by Donald Trump Jr., saw its shares drop over 20% on their first day of trading on the NYSE, closing at $13.20 after opening at $21.40. Despite generating $90 million in revenue and achieving a net profit in the past two years, the stock faltered following its merger with a special purpose acquisition company.

Source: YAHOO

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