KeyBanc: Gun Demand Jumped in Dec., Levels ‘Potentially Unsustainable’
A note by analysts at KeyBanc Capital Markets today found evidence pointing to a surge in gun sales in last month — but that’s not enough to make them like gunmaker stocks. In the wake of the killings at Sandy Hook Elementary, shares of Smith & Wesson Holding (SWHC) and Sturm Ruger (RGR) fell so much that [...]
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