Gun makers Smith & Wesson (SWHC +2.8%) and Sturm, Ruger (RGR +1.8%) are up after Benchmark...

|By:, SA News Editor

Gun makers Smith & Wesson (SWHC +2.8%) and Sturm, Ruger (RGR +1.8%) are up after Benchmark says last week's selloff was overdone. The weakness resulted from a slight slowdown in National Instant Criminal Background Checks during September, but the firm notes that handgun background checks were up 23% and handguns represent the vast majority of sales for both gunsmiths.