1556 ET - American Rebel Holdings shares have been active since Wednesday's announcement about a meeting with potential investors at Mar-a-Lago and Florida growth plans. The company that describes itself as "America's Patriotic Brand" is known for products including gun safes and an expansion into beer. Shares closed up 343% on Wednesday and declined 37% the next day. American Rebel peaked at $20.89 Friday. The stock pared some gains after announcing a private placement of up to $11 million, but was still up 302% for the day, at $15.93. Volume topped 79 million shares, compared with a 65-day average of 1.4 million. (josh.beckerman@wsj.com)
(END) Dow Jones Newswires
April 04, 2025 15:56 ET (19:56 GMT)
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