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Why Sturm, Ruger & Company, Inc. Shareholders Have Nothing to Worry About

Why Sturm, Ruger & Company, Inc. Shareholders Have Nothing to Worry About

Donald Trump's election undoubtedly had a negative impact on gun stocks. It immediately sent shares of Sturm, Ruger (NYSE: RGR) tumbling 26%, a slightly worse drop than what rival American Outdoor Brands (NASDAQ: AOBC) experienced. Yet in the ensuing months, Ruger has gained back much more ground than its rival, remaining just 10.7% below where it traded just before the vote took place, considerably better than the 25% loss the maker of Smith & Wesson firearms is still nursing. The disparity seems to indicate Sturm, Ruger may be in a better position than its industry peer.