Shares of American Rebel Holdings surged almost 20 percent Friday on the heels of the company’s having announced earlier this week a 19 percent minority investment in a Pacific Northwest-based smokeless tobacco company.

At the ringing of the trading day's closing bell, the Nashville-based company's stock (ticker: AREB ) was priced at $0.76, up 18 percent (the equivalent increase of $0.11 per share).

On Friday, the Post reported American Rebel’s investment in Schmitty’s Herbal Snuff and Pouches (read here ). A release does not note the specific sum invested. Founded in 2018, Schmitty's is headquartered in Snoqualmie, Wash.

The release notes the investment will combine Schmitty’s smokeless product lineup, existing retail placements and regional distribution with American Rebel’s

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