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'Continued Economic Rebound': Stock Market Update For The Week Ahead
Sunday, October 18, 2020 - 2:38pm | 1695The Past Week, In A Nutshell What Happened: Last week ended positive alongside vaccine optimism and a retail sales beat. Remember This: “Regardless of who may win the election, we think the continued economic rebound will support future equity gains,” said Ryan Detrick, chief market...
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Background Checks Rise In February Amid Renewed Gun Debate
Monday, March 5, 2018 - 12:22pm | 365What Happened Sturm Ruger & Company Inc (NYSE: RGR) and American Outdoor Brands Corp (NASDAQ: AOBC) were on the rise Monday after the Federal Bureau of Investigation reported both month-over-month and year-over-year increases in February firearm background checks. Notably, nearly every month...
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Gun Sales Dip In January
Friday, February 3, 2017 - 5:58pm | 268Following a strong run last year, gun sales are off to a slow start in 2017 with a 20 percent year-year drop and 26 percent decline from December 2016 levels. In fact, it was the first year-over-year January decline since 2014, and only fifth time it happened since data began being recorded....
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Firearm Background Checks Close Out Record Year With 55.76% Jump
Wednesday, January 4, 2017 - 11:27am | 310Before reports were even in for December 2016, firearm background checks for the year had already surpassed the previous annual record by more than 1.5 million. By the time the final numbers came in, 2016 beat out 2015 by a 2.9-million margin. With 52,306,187 total checks, every month saw year-...
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Gun Sales Could Drive Upside For Cabelas
Monday, July 25, 2016 - 10:17am | 402MKM Partners said strong gun/ammunition sales following the nightclub shooting in Orlando should aid Cabelas Inc (NYSE: CAB)'s second-quarter results, which come amid M&A speculations. Cabela's, which is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor...
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FBI Background Check Data Indicate Gun Purchases May Set A Record In 2016
Tuesday, July 5, 2016 - 11:05am | 412American consumers are breaking records this summer in a controversial category: gun sales. The Federal Bureau of Investigation released its background check data late Friday, data which is used as a proxy for the level of gun sales, and the numbers suggest to CNN Money that 2016 is on track to...
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Is It Too Late To Get On The Gun Stock Train?
Friday, March 4, 2016 - 1:35pm | 468Smith & Wesson Holding Corp (NASDAQ: SWHC) is absolutely booming after Thursday's big beat and record sales. The stock is up more than 20 percent year-to-date and 6 percent on Friday alone. This success, and the success of peer Sturm, Ruger & Company (NYSE: RGR) both follow...