Ammo Ticks Up After Republican Wins While Gun Makers Miss Out -- Market Talk

Dow Jones

2024-11-06

0837 ET - Shares of Ammo are trending higher after former President Donald Trump won back the presidency and Republicans retook control of the Senate. The ammunition and firearms-component maker's stock is up 2.4% at $1.28 premarket. Republicans typically favor looser gun control policies. The makers of firearms aren't seeing the same lift as Ammo. Shares of Sturm, Ruger & Company, a Connecticut-based gun maker, are only slightly higher in premarket trading. Smith & Wesson Brands sinks 5% at $13.30. (dean.seal@wsj.com)

(END) Dow Jones Newswires

November 06, 2024 08:37 ET (13:37 GMT)

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