Smith & Wesson (SWHC), Ruger (RGR) Higher as Biden to Meet with NRA, Organizations
Tweet Send to a FriendGet Alerts SWHC Hot Sheet
Trade SWHC Now!
Smith & Wesson Holding (NASDAQ: SWHC) and Strum, Ruger (NYSE: RGR) appear to be ending Tuesday's session positive following reports that Vice President Joe Biden will be meeting with the National Rifle Association (NRA) and other groups this week.
Biden and his task force are gathering data from both sides, both gun safety organizations, ownership organizations, sportsmen, and shooting victims in an effort to get a broader picture of what is going on in the industry and how current gun laws might change for the better.
TheHill today also reports that Biden will meet with video game manufacturers and those in the entertainment industry, two groups which have been scrutinized following incidents like the tragic one in Newtown, CT, in December. Traders will be keeping an eye on Take-Two Interactive (Nasdaq: TTWO), Electronic Arts (Nasdaq: EA), and Activision Blizzard (Nasdaq: ATVI) this week.
Shares of both arms makers are positive into the close.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Biden and his task force are gathering data from both sides, both gun safety organizations, ownership organizations, sportsmen, and shooting victims in an effort to get a broader picture of what is going on in the industry and how current gun laws might change for the better.
TheHill today also reports that Biden will meet with video game manufacturers and those in the entertainment industry, two groups which have been scrutinized following incidents like the tragic one in Newtown, CT, in December. Traders will be keeping an eye on Take-Two Interactive (Nasdaq: TTWO), Electronic Arts (Nasdaq: EA), and Activision Blizzard (Nasdaq: ATVI) this week.
Shares of both arms makers are positive into the close.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Will Erickson Air-Crane (EAC) Stock Crash and Burn?
- AbbVie (ABBV) Has Plenty More Tricks Up Its Sleeve - Barron's
- High-Res Images of Several Apple (AAPL) iPhone 5S Components Leak
Create E-mail Alert Related Categories
Insiders' Blog
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
