Shares of Sturm Ruger (RGR +2%) trade higher after the company beat estimates with its Q1...

|By:, SA News Editor

Shares of Sturm Ruger (RGR +2%) trade higher after the company beat estimates with its Q1 report. The firearms manufacturer plans to increase its capex spending to $30M for the year to help keep up with demand. Peer Smith & Wesson (SWHC) +1.1% in sympathy.