Saturday, July 19, 2025

Trump's Son Went Public with His Gun Company and It Flopped

Trump Jr got a front-row seat to watch his pet project plummet into the ground.

Posted by qcp at 06:32 PM | 7 COMMENTS | permalink

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Trump Jr.-backed GrabAGun's stock extends losses after sinking on debut reut.rs/459d1Px

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-- Reuters (@reuters.com) Jul 17, 2025 at 12:30 PM

Comments

More from the cited article ...

... If you're a red-blooded, burger-chompin', freedom-lovin' American, you gotta check out Donald Trump Junior's innovative new company, GrabAGun.

Calling itself "the Amazon of Guns," GrabAGun is revolutionizing the way Americans hoard firearms, offering shoppers a virtual arsenal of pistols, shotguns, rifles, and muzzleloaders shipped straight to their front door.

Though there are nearly 78,000 brick and mortar gun dealers in the US " more than the number of McDonald's, Burger Kings, Subways, and Wendy's stores combined -- GrabAGun is entirely online. That's pretty hip! ...


#1 | Posted by LampLighter at 2025-07-18 06:17 PM

OK, I just looked at the stock price chart on Yahoo ( here: finance.yahoo.com , click on 5D to see this past week's activity )

To my eyes, it looks like the IPO price was set too high.

Opening the IPO at $18.00 on Monday, and finishing the week at $10.01 at the end of trading on Friday.

Wait, let me check the after-hour trading for Friday ...

OK, as of 6:20 EDT, there was an increase in price, all the way up to $10.04.


#2 | Posted by LampLighter at 2025-07-18 06:23 PM

... shipped straight to their front door.

What passes for journalism these days is sad. Online purchases cannot be shipped to the purchaser. The purchase must be shipped to a FFL who will conduct the standard background check prior to the transfer. If this writer had taken the time to go to the seller's website he would not have misled ignorant readers. grabagun.com

#3 | Posted by et_al at 2025-07-18 07:49 PM

@#3 ... What passes for journalism these days is sad. ...

Yeah I would not even attempt to try to credit that particular website with the level of journalism I ascribe to others sites, aside from the crash 'n' burn of the IPO. In that area, it seems to be spot on, and that's why I cited it.

To back up your comment...

From the GrabAGun website home page ...
grabagun.com

... Whether you're shopping for a 9mm pistol, .308 hunting rifle, or bulk ammo, we offer fast shipping to your local FFL and unbeatable customer service. ...

That aside, why might have the IPO stock price plunge by almost 50%?

#4 | Posted by LampLighter at 2025-07-18 07:59 PM

Speaking of flopping, how's President Pedo's venous insufficiency coming along?

#5 | Posted by LegallyYourDead at 2025-07-18 09:07 PM

That aside, why might have the IPO stock price plunge by almost 50%?

#4 | Posted by LampLighter

There's already a litany of established online vendors.

Looking quickly at the site, the prices don't seem any different than other sites I buy from.

So it was probably over priced expecting his name to carry it then things adjusted based on what the site is actually worth.

#6 | Posted by jpw at 2025-07-19 01:55 AM

[...] Online purchases cannot be shipped to the purchaser. The purchase must be shipped to a FFL who will conduct the standard background check prior to the transfer. If this writer had taken the time to go to the seller's website he would not have misled ignorant readers.
#3 | Posted by et_al

Give it a minute. Trump's SCOTUS isn't done rewriting the Constitution quite yet.

#7 | Posted by censored at 2025-07-19 07:11 PM

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