Why Gun Stocks Plunged in August
![Why Gun Stocks Plunged in August Why Gun Stocks Plunged in August](http://g.foolcdn.com/editorial/images/455658/gun-on-granite-countertop.jpg)
Gun stocks dropped like a rock across the board in August. Sturm, Ruger & Company Inc (NYSE: RGR), American Outdoor Brands Corp (NASDAQ: AOBC), and Vista Outdoor Inc (NYSE: VSTO) all dropped double digits, according to data provided by S&P Global Market Intelligence, as a wave of bad news hit the industry.
The domestic gun industry is actually suffering from operating conditions that are too favorable, which sounds a little crazy on the surface. But when you dive into the numbers it's entirely predictable that gun stocks are having a terrible 2017.
Image source: Getty Images.
Source: Fool.com