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Misfiring at Earnings Time? Sturm Ruger is the Chart of the Day

TheStreet

In the wake of a spate of school shootings, the stock in gun makers like Sturm, Ruger & Co. took off, perhaps surprising some. Shares made substantial gains all the way up into the end of 2013, where they peaked. Now, Sturm Ruger investors are no longer so fired up, and when the company reports earnings later today, Sturm Ruger is expected to announce substantially lower sales than its figures a year ago. That comes as Washington, D.C., lawmakers' ongoing ineffectiveness to pass, well, anything, kept new regulations from being implemented on companies like Sturm Ruger, Freedom Group, and Smith & Wesson.