GrabAGun Digital Plunges 10.06% on Market Volatility

GrabAGun Digital shares plummeted 10.06% in pre-market trading on July 17, 2025, marking a significant downturn for the online firearms retailer.

GrabAGun Digital's stock has experienced volatility since its NYSE debut, initially falling 24% despite raising $119 million through a SPAC merger with Colombier Acquisition Corp. The company, backed by Donald Trump Jr., has seen its shares spike and then plummet 21% in midday trading, reflecting the market's mixed reception to its public offering.

The company's decision to go public via a SPAC merger has been a focal point of market discussions. GrabAGun Digital, which sells firearms, ammunition, and accessories, completed its SPAC merger and began trading on the NYSE under the ticker "PEW." The merger was part of a broader trend of SPAC deals, with Cantor Fitzgerald also closing in on a $4 billion SPAC deal with a bitcoin pioneer.