Posted November 16, 2017 8:30 am by Comments

By Christen Smith

Share prices for major gun makers reacted to rumors of a possible bipartisan gun bill in the Senate (Photo: Brendan McDermid/Reuters)
Share prices for major gun makers jumped Wednesday amid rumors of a possible bipartisan gun bill moving through the U.S. Senate.
Stocks for American Outdoor Brands and Vista Outdoor climbed 4.3 percent and 5.9 percent, respectively. Sturm, Ruger and Co. prices increased 2.5 percent by midday.
The fluctuations follow amped-up rhetoric on Capitol Hill about strengthening federal background checks after authorities discovered the gunman who shot and killed 26 people at a Texas church Nov. 5 should’ve never owned a gun.
Discharged from the military in 2014 after serving time in confinement for assaulting his wife and stepson two years earlier, Air Force officials never forwarded the gunman’s criminal records to the Pentagon. The oversight spawned a review of Air Force reporting procedures and a slew of proposals from Congress strengthening mandates on federal agencies to report disqualifying records to the National Instant Criminal Background Check System — the database gun dealers use to verify a buyer’s identity and criminal history — in a timely manner.
Democratic Sen. Chris Murphy, of Connecticut, told his social media followers this week Congress appeared close to a bipartisan deal on guns.
He later referred

Source: Guns.com

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