Don Jr.'s 'Amazon of Guns' Immediately Tanks on Stock Market Debut
Source: msn/Daily Beast
8h
A gun-selling venture backed by Donald Trump Jr. had an abysmal opening day on Wall Street.
GrabAGunan online firearms marketplace that Don Jr.s business partner, Omeed Malik, has described as the Amazon of gunsopened on the New York Stock Exchange Wednesday. But Trump and Maliks jubilant chants of U.S.A.! U.S.A! at the opening bell turned to frowns as the companys shares plummeted 25 percent by 3 p.m.
Don Jr. had bought 300,000 shares in an affiliate company and sits on GrabAGuns board, Bloomberg reported. The share price ended the day 24 percent down, shearing $1 million off Don Jr.s holdings, though his shares were still worth $4 million at the closing bell.
Don Jr. and Malik are partners at 1789 Capital, an investment group that focuses on the anti-woke economy.
Read more: https://www.msn.com/en-us/money/news/don-jr-s-amazon-of-guns-immediately-tanks-on-stock-market-debut/ar-AA1INdVU

mdbl
(7,046 posts)Here's to hoping.
Harker
(16,644 posts)Oeditpus Rex
(42,159 posts)
tulipsandroses
(7,771 posts)Sigh.
Grokenstein
(6,085 posts)...and go f@#! yourselves.
mpcamb
(3,132 posts)FakeNoose
(38,048 posts)How is this even legal? We have questions ....
ordered would have to be delivered to a local dealer who would have to do the background check .Rural King and other large dealers sale online all the time .
JoseBalow
(8,026 posts)A pox on your family
DBoon
(24,027 posts)bada bing
Bernardo de La Paz
(57,356 posts)twodogsbarking
(14,667 posts)Maybe Bibi.
NickB79
(20,005 posts)It's a saturated market.