Why Sturm, Ruger Stock Jumped 36.7% in 2020

Shares of Sturm, Ruger (NYSE: RGR) rose 36.7% in 2020 as the firearms industry bounced back.

The National Shooting Sports Foundation reported that adjusted FBI data showed criminal background checks on gun buyers soared 64% in 2020 through the end of November, reaching a record 19.2 million. That far surpassed the previous full-year record of 2016 when 15.7 million background checks were conducted.

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Source Fool.com