-
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...
-
Gun Stocks Mixed On New NICS Background Numbers
Monday, September 11, 2017 - 11:51am | 328Gun stocks were largely unaffected Monday by a record August for National Instant Criminal Background Check System (NICS) data, an indicator that has moved the market in previous years. There were 1,925,146 FBI background checks for the month of August. Shares of American Outdoor Brands Corp (...
-
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-...
-
With One Month Left To Report, U.S. Has Already Set Annual Firearm Background Checks Record
Wednesday, December 28, 2016 - 5:08pm | 332The United States has already set a single-year record in 2016 for firearm background checks, despite one month's data still left to report. The firearm Background checks data is released by the FBI’s National Instant Criminal Background Check System, which is followed in the United...
-
Smith & Wesson's Q3 Likely To Be Hindered By 2016's Terror-Inspired Demand Spikes
Friday, December 2, 2016 - 11:36am | 267After market close on Thursday, Smith & Wesson Holding Corp (NASDAQ: SWHC) reported Q2 results, which beat on both top- and bottom-line estimates. The stock sank on lower-than-consensus Q3 guidance, however, with shares trading down around 8 percent in the pre-market Friday. Wunderlich analyst...
-
NICS Firearm Background Checks Continue To Ramp In October
Tuesday, November 1, 2016 - 2:05pm | 311Firearm background checks for the month of October continued a record-high trend for this year, with checks rising 17 percent sequentially and 18 percent year-over-year. The Firearm Background checks data is released by the National Instant Criminal Background Check System, which is followed in the...
-
Gun Stocks In The Cross-Hairs Ahead Of FBI Background Check Data
Tuesday, November 1, 2016 - 9:17am | 479Investors and traders will be looking at gun stocks ahead of the FBI’s background check data release this week. Additionally, of particular interest is the earnings announcement of Sturm Ruger & Company Inc (NYSE: RGR) on Tuesday. The Firearm Background checks data is released by the...
-
FBI Explains Why Firearm Background Checks Were Unusually Low In August
Wednesday, September 14, 2016 - 3:42pm | 346It turns out gun makers like Smith & Wesson Holding Corp (NASDAQ: SWHC) and Sturm, Ruger & Company (NYSE: RGR) may not have had as bad of an August as the FBI background check data for the month seemed to indicate. Gun stocks have sold off hard in recent weeks following the release of the...
-
Smith & Wesson Now Up 12% Following Strong Guidance
Tuesday, January 5, 2016 - 11:51am | 243Shares of Smith & Wesson Holding Corp (NASDAQ: SWHC) surged higher by more than 12 percent on Tuesday and hit a new 52-week high of $26.54. Smith & Wesson provided a better-than-expected guidance to its third quarter and fiscal 2016 expectations on Monday. The company expects to earn $0...