Gun Makers See More Volatility on Shooting Headlines (RGR) (SWHC)

January 30, 2013 2:08 PM EST Send to a Friend
Shares of gun makers Sturm, Ruger & Co. Inc. (NYSE: RGR) and Smith & Wesson Holding Corporation (NASDAQ: SWHC) weakened mid-day following news on a shooting at a office complex in Phoenix. Reports suggest multiple injuries, but at this time no deaths have been reported.

In addition, President Obama is mourning the the death a 15-year-old Chicago girl, Hadiya Pendleton, who performed at his inauguration just last week. White House spokesman Jay Carney said the president and first lady Michelle Obama are sending their prayers to the family.

The gun control debate has been front and center, creating volatility in the gun maker stocks.


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