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%.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Anthropic hires Google chip veteran as it pushed into hardware - Bloomberg
• Fannie Mae loses at least 10 senior executives amid departures - WSJ
• Trump admin taps former JPMorgan Chase exec Matt Zames to advise social security agency - CNBC