The latest data from the FBI on background checks shows over 2.495M checks were done during...

|By:, SA News Editor

The latest data from the FBI on background checks shows over 2.495M checks were done during January, marking a 10% drop from December's level, but still more than a million more that has been seen in any previous January. Gun sellers Smith & Wesson (SWHC +1.1%) and Sturm Ruger (RGR +3.1%) both trade higher for the year, but still have a ways to go to etch out new 52-week highs. (FBI report .pdf)