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Stock impact report

After NRA Reports Massive Drop in Contributions, Gun Stocks Take a Hit [Fortune]

Sturm, Ruger & Company, Inc. (RGR) 
Last sturm, ruger & company, inc. earnings: 2/21 05:05 pm Check Earnings Report
US:NYSE Investor Relations: ruger.com/corporate/welcome.html
Company Research Source: Fortune
Share prices for some gun manufacturers dropped after the National Rifle Association released that it had lost more than half a billion dollars in income last year. The gun-rights organization reported $98 million in contributions in 2017, down $55 million from the year prior, according to a report on the organization’s tax records by the Daily Beast. In the wake of the news, stock prices for gun companies fell. Sturm, Ruger & Company, the largest gun manufacturer in the US, fell 1.3% Tuesday. American Outdoor Brand Corporation, which owns the Smith & Wesson brand, saw a decline of 2.9%, and Vista Outdoor, which makes ammunition and rifle-scopes was down 3.9%. Olin , an ammunition manufacturer, however, saw a 0.6% increase. The past few years have been a rollercoaster for gun manufacturers. These companies have typically seen a bump in stock after mass shootings, including a February shooting at a Parkland, Fla. high school that left 17 dead and a shooting at Show less Read more
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