Trump's son's endorsement of the firearm e-commerce company GrabAGun (PEW.US) received a cold reception upon going public! The stock plummeted by nearly 24% on its first day.

According to the Wise Fund Financial APP, GrabAGun (PEW.US), an online firearms retailer, which is chaired by Donald Trump Jr., the son of U.S. President Trump, encountered a Waterloo on its first day of listing on Wednesday, with its stock price plummeting by nearly 24%. As of pre-market trading on Thursday, the stock continued to decline by about 10%.