Subscribe
Business

Gun sales may drop in 2017, but industry optimistic it’s in good shape

By Kyle Feldscher
Published
Add Washington Examiner on Google
Gun sales may drop in 2017, but industry optimistic it’s in good shape

The gun industry has high hopes for 2017 even though stocks in gun companies took a hit last week when an analyst predicted a drop in sales in the new year.

Wunderlich Securities analyst Rommel Dionisio predicted gun sales are likely to slow in 2017 after “unusually high growth” in 2016. That caused the share prices of Smith and Wesson and Sturm Ruger to drop for a bit on Tuesday before recovering.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Gun Control Guns and Firearms Kyle Feldscher Law Minusextra Second Amendment Terrorism