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Gun Maker’s Stock Soars More Than 700% Since Obama’s Inauguration in 2009
Posted By admin On December 18, 2012 @ 10:58 am In Commentary,Tile | Comments Disabled
Gregory Gwyn-Williams, Jr.
CNS News 
December 18, 2012
Since President Barack Obama took the oath of office on January 20, 2009, the share price of firearms manufacturer Sturm, Ruger & Company has increased more than 700 percent.
At the close of business on the day of Obama’s inauguration, the price of Ruger stock (Ticker: RGR) was $5.48 per share. At the end of the trading day on December 17, 2012, the price of the stock closed at $44.00 per share ; an increase of 703 percent in less than four years.
But, Ruger isn’t the only gun manufacturer that has seen an explosion in its stock value. Smith & Wesson shares (Ticker: SWHC) have increased 253 percent since Obama moved into the White House.
The price of SWHC was $2.45 per share when Obama was sworn in; it closed at $8.65 per share  today, December 17, 2012.
When measuring the performance of Ruger’s shares to that of the S&P 500, a stock market index based on the share prices of 500 publicly traded companies, the gains made by the firearms manufacturer are astounding.
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URL to article: http://www.prisonplanet.com/gun-makers-stock-soars-more-than-700-since-obamas-inauguration-in-2009.html
URLs in this post:
 CNS News: http://cnsnews.com/blog/gregory-gwyn-williams-jr/gun-makers-stock-soars-more-700-obamas-inauguration-2009
 $44.00 per share: http://finance.yahoo.com/q?s=rgr&ql=1
 $8.65 per share: http://finance.yahoo.com/q?s=swhc&ql=1
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