Smith & Wesson (SWHC -3.1%) and Sturm, Ruger (RGR -1.7%) trade lower with gun control...

|About: Smith & Wesson Holding Co... (SWHC)|By:, SA News Editor

Smith & Wesson (SWHC -3.1%) and Sturm, Ruger (RGR -1.7%) trade lower with gun control legislation a major topic of political discussion following the tragic event in Connecticut. Though predictions of a gun demand rush is the knee-jerk reaction of some traders to the news gun laws could be tightened, others see the +200M firearms already in circulation and biting comments from pro-gun members of Congress as a sign the companies' fortunes could be altered.