Gun Stocks Reverse Course as Clinton Loses Presidential Election (RGR) (SWHC)

November 9, 2016 9:38 AM EST
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Sturm Ruger (NYSE: RGR) and Smith & Wesson (NASDAQ: SWHC) are getting hit today following a runup into the U.S. presidential election. Most were buying on anticipation of a Clinton win, with expectations that tougher firearms laws would eventually be enacted.

Smith & Wesson and Sturm, Ruger are both down over 12 percent.

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