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Gun stocks give back some gains

  • American Outdoor Brands (NASDAQ:AOBC) is down 5.03% and Sturm Ruger (NYSE:RGR) is off 4.83% to cut into yesterday's late rally fueled by reports that the Trump administration might pull back on firearm sales restrictions to international markets.
  • There's been some speculation that gun sales could increase 20% if the rules were peeled back considerably.
  • The volatile swings in AOBC and RGR are nothing out of the ordinary as both stocks are quick to react to talk of industry resets.

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