The great success of the GRS Berserk stock gave us inspiration to develop more rifle stocks in composite materials. It will be available for a wide selection of action inlets. 8 that beat expectations, sending its shares soaring 14 percent since.GRS BIFROST comes with more features and many clever details. They’ve been trying to work down that inventory, bring them down to normal levels, and in the meantime not ordering from manufacturing.”ĭionisio added that an additional factor may have contributed to this morning’s rally: Vista Outdoor Inc., which owns a variety of firearms manufacturers, reported earnings Feb. “The scenario didn’t materialize, so after the election, they’re stuck with excess inventory.

They were really expecting a dramatic surge,” said Rommel Dionisio, a managing director of equity research at Aegis Capital who focuses on publicly traded firearms companies. These retailers and distributors stocked up on the product before the election. “Everyone thought Hillary was going to win. In some cases, they have too many on hand. Retailers simply aren’t ordering firearms products as they used to. Last month’s background check numbers were the lowest for any January since 2012. Background check data, a barometer for gun sales, also shows a decline in purchases. is down by half, Sturm Ruger is off 23 percent.

American Outdoor has lost 62 percent of its value, Vista Outdoor Inc. Since the 2016 election, gun stocks have largely sold off. Once things calm down, investors will see that the threat of increased regulation is not there - then you’ll see a closer correlation between fundamentals and prices.” “Investors are thinking this could be the turning point, but from a consumer perspective, they won’t be going out and buying more guns. “A knee-jerk reaction,” said Kevin Cassidy, an analyst at Moody’s Investors Service, who rates Remington two steps above default. So why was Wall Street’s initial reaction to buy? Muscle memory, in part. Now, with Republicans in control of Congress and the White House, there’s little chance of any new laws until 2021, at the earliest. There hasn’t been any significant new gun control regulation since President Barack Obama’s 2016 executive order regarding background checks. The bonds jumped 7 cents on the dollar Wednesday, their largest-ever intraday gain, and continued to rise Thursday. Even more surprising was the rally in the debt of Remington Outdoor Co., the company that earlier this week said it plans to file for bankruptcy.

Remington gun stocks