FYI: (Thank you, Second Amendment !)
Gun makers, on a losing streak since the election of Donald Trump in 2016, could be starting to recalibrate.
Smith & Wesson owner American Outdoor Brands Corp. AOBC -3.59% racked up a third consecutive day of gains, with the stock rising 3.3% to $9.44 a share. It got a boost after reporting Wednesday that it had seen a recent bump in sales.
Rival gun makers also rose. Sturm, Ruger RGR -0.02% & Co. added 0.8% to $52.47 a share, notching a three-month gain of 3%. Vista Outdoor Inc. VSTO +1.63% gained 1.7% to $8.28 a share, basically flat in the past three months. Vista is the nation’s biggest ammunition maker by sales but has put its gun business up for sale.
Regards,
Ted
https://www.wsj.com/articles/gun-stocks-tick-up-amid-political-uncertainty-11561060906?mod=md_usstk_news
