Smith & Wesson (SWHC), Sturm, Ruger (RGR) Remain Under Pressure
Public gun makers Smith & Wesson (NASDAQ: SWHC) and Sturm, Ruger & Co. Inc. (NYSE: RGR) continue lower related to the backlash from the Sandy Hook shootings. This is being exacerbated by reports that Cerberus is seeking to exit its stake in firearms maker Freedom Group.
SWHC is down 10%, while RGR is down 7%.
SWHC is down 10%, while RGR is down 7%.
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