Gunmaker Stocks Rise as Hillary Clinton Urges Crackdown
- Proposals after mass shooting buoy Smith & Wesson, Sturm Ruger
- Industry joke is that Obama is `best gun salesman:' Analyst
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Smith & Wesson Holding Corp. and Sturm Ruger & Co. rose after comments by Democratic presidential candidate Hillary Clinton fueled concern among gun enthusiasts that restrictions on sales may be coming.
Clinton detailed proposals Monday aimed at closing gun-sale loopholes and holding sellers more accountable for how the weapons are used. President Barack Obama last week said he would pressure Congress to enact legislation that would curb firearms violence after a gunman killed nine people in Oregon.