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home / news releases / RGR - Is This the Christmas Gift the Gun Industry Was Looking For?


RGR - Is This the Christmas Gift the Gun Industry Was Looking For?

After three years of being in the doldrums, the firearms industry is finally showing signs it is on the rebound. The number of criminal background investigations being performed by the FBI on potential gun buyers -- and adjusted to eliminate the administrative checks performed each month by state police agencies -- rose for the seventh consecutive month.

Although the rate of November's increase was one of the smallest increases this year, it still holds the promise of representing a big Christmas present for the gun industry: The FBI says it performed almost 203,000 background checks on Black Friday alone, the second-greatest number it has performed in a single day, bested only by Black Friday in 2017.

Image source: Getty Images.

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Stock Information

Company Name: Sturm Ruger & Company Inc.
Stock Symbol: RGR
Market: NYSE
Website: ruger.com

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