BUZZ-Trump Jr.-backed GrabAGun rises on proposed firearm rule change

GrabAGun Digital Holdings Inc.

GrabAGun Digital Holdings Inc.

PEW

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** Shares of Donald Trump Jr.-backed gun retailer GrabAGun PEW.N rise 13.2% to $2.66 premarket

** A proposed rule change at the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), which is in public comment period that closes in early August, stands to make it easier to ship guns directly to people's homes

** Rule is one of 34 deregulatory measures proposed by ATF this spring in response to a February 2025 presidential executive order to expand gun access

** Currently, online buyers must pick up firearms at physical stores and undergo in-person background checks unless they have a permit

** Proposed rule may not be finalized until late 2026 or early 2027 and could still be withdrawn or change

** Trump Jr. holds more than 300,000 shares in PEW, filings say

** As of last close, PEW shares were down around 22% YTD