Symbols

GrabAGun Digital Plunges 10.06% on Market Volatility

Generated by AI AgentAinvest Pre-Market Radar

Thursday, Jul 17, 2025 8:37 am ET1min read

Aime Summary

- GrabAGun Digital's shares fell 10.06% in pre-market trading on July 17, 2025, amid ongoing volatility.

- The NYSE-listed firearms retailer initially dropped 24% post-SPAC merger, raising $119M via a deal with Colombier Acquisition Corp.

- Market uncertainty persists as the Trump Jr.-backed company navigates mixed investor reception to its public offering strategy.

- The SPAC merger trend continues with GrabAGun trading under "PEW" ticker, joining broader market speculation about such deals.

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 DigitalPEW--, 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 CantorCEPT-- Fitzgerald also closing in on a $4 billion SPAC deal with a bitcoin pioneer.

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