A move by the Trump administration to make it simpler to sell small arms abroad may provide some relief to
gun makers American Outdoor Brands and Sturm Ruger & Company in an industry grappling with a deep sales slump since the president's election.
Not exact matches
Gun
makers Sturm, Ruger and
American Outdoor Brands fell to multiyear lows Wednesday after Trump talks tough on
guns, Dick's stops assault rifle sales.
American Outdoor Brands Corporation (aobc), the
maker of Smith & Wesson
guns, saw its share price rise by 5.6 %.
The publicly traded
gun makers Sturm, Ruger & Company and
American Outdoor Brands both lost about a quarter of their market value in the days after Mr. Trump's victory.
Earlier this month,
American Outdoor Brands Corp. forecast weak firearm sales for at least a year, becoming the latest
gun maker to report disappointing quarterly results.
American Outdoor Brands Corp. forecast weak firearm sales for at least a year, becoming the latest
gun maker to report disappointing results as lawmakers discuss tougher regulations.
We are not an anti-
gun law firm out to put
American gun makers out of business.