By Niket Nishant and Manya Saini (Reuters) -Donald Trump Jr.-backed GrabAGun's shares slipped 22% on Thursday, deepening their post-debut slide and highlighting the degree of investor scrutiny even newly listed companies with high-profile backers are being subjected to.

Archer-Daniels-Midland, a leading processor and trader of agricultural commodities like corn, saw its stock tumble 5% in after market trading.

Tesla stock fell on Thursday after an extremely large tariff was imposed on materials used in car batteries. The New York Times reported that the Commerce Department announced that it intends to issue a 93.

Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.

Immigration Matters is a recurring series by César Cuauhtémoc García Hernández that analyzes the court’s immigration docket, highlighting emerging legal questions about new policy and enforcement practices.

President Donald Trump and his supporters point to encouraging economic indicators to argue that concerns about his tariffs are overblown. Skeptics, however, say it’s too soon to declare that all’s well.