Sturm Ruger & Co (NYSE:RGR) Azioni

Sturm Ruger & Co

Sturm Ruger & Co Inc and its subsidiary are principally engaged in the design, manufacture, and sale of firearms to domestic customers. The company's design and manufacturing operations are in the United States and almost all product content is domestic. The company has two reportable operating segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a number of federally-licensed, independent wholesale distributors located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding parts. It generates maximum income from the sale of Firearms.

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Sturm, Ruger & Company, Inc. Common Stock

Sturm Ruger & Co Inc

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Sturm Ruger & Company shares are trading higher after the company reported better-than-expected Q4 financial results.

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Earnings Scheduled For February 19, 2025

Management

Sturm, Ruger & Company Has Appointed Todd W. Seyfert As Its Next President And Chief Executive Officer, Effective March 1, 2025

The National Rifle Association warns that court rulings challenging the <a href="https://www.benzinga.com/markets/cannabis/24/06/39488414/cannabis-guns-kentucky-2nd-amendment-meet-the-atf-if-you-say-yes-to-medical-marijuana-the-answer">federal gun ban for marijuana users</a> have created a confusing legal landscape for cannabis users and gun owners alike.
While nearly <a href="https://www.benzinga.com/government/regulations/24/12/42724338/new-year-2025-how-americas-love-of-cannabis-transformed-social-life-industry-and-health-trends">half of all U.S. states</a> have some form of legal cannabis and nearly 40 states have legal medical marijuana, the NRA noted that federal law continues to prohibit the possession of both. And, a 2024 <a href="https://ammo.com/articles/how-many-gun-owners-in-america">survey</a> indicated that 32% of Americans (107 million people) reported that they personally owned a firearm.
"Marijuana use is no longer limited to the domain of indigenous religious customs or youth-oriented counterculture and now includes a wide variety of people who use it for medicinal or recreational reasons," <a href="https://www.nraila.org/articles/20250113/us-appellate-court-issues-case-on-marijuana-use-and-firearm-possession">wrote</a> the NRA in a recent blog post. "Many of these individuals are otherwise law-abiding and productive members of their communities and want to exercise their right to keep and bear arms. Yet federal law continues to ban outright the cultivation, possession, and distribution of marijuana, as well as the possession of marijuana paraphernalia."
<h2 class="wp-block-heading">Second Amendment Violations</h2>
The group cited several <a href="https://www.benzinga.com/markets/cannabis/24/08/40655441/cannabis-users-cannot-be-barred-from-gun-ownership-u-s-appeals-court-rules">court decisions</a> that ruled on the side of medical marijuana users not being put into a situation where they have to choose between their treatment and their <a href="https://constitution.congress.gov/constitution/amendment-2/">Second Amendment right</a> "to keep and bear Arms."
"Whatever position one takes on the use of marijuana, Americans deserve laws that are clear, that are consistently and fairly applied, and that comply with the U.S. Constitution, as it was understood when it was adopted and amended in relevant respects," noted the NRA.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/08/40655441/cannabis-users-cannot-be-barred-from-gun-ownership-u-s-appeals-court-rules">Cannabis Users Cannot Be Barred From Gun Ownership, U.S. Appeals Court Rules</a>
<h2 class="wp-block-heading">What&#8217;s The Government Worried About?</h2>
The Department of Justice has long contended that <a href="https://www.benzinga.com/topic/medical-cannabis" target="_blank" rel="noreferrer noopener">medical marijuana</a> users who own firearms pose a threat to public safety, increase the risk of suicide and are more prone to committing crimes to support their "drug habit." This position underpins the <a href="https://www.benzinga.com/markets/cannabis/24/05/38681854/cannabis-and-guns-this-vet-chose-the-latter-but-he-shouldnt-have-to-now-hes-going-to-federal-cou" target="_blank" rel="noreferrer noopener">federal prohibition on gun ownership</a> by cannabis users.
<h2 class="wp-block-heading">How Are Gun Makers Faring With Fed's No-Gun &amp; Weed Laws?</h2>
Following a rise in gun purchases in the U.S. during the pandemic, sales dropped and then soon moved steadily back up. Over the past five years, online gun and ammunition sales have grown at a CAGR of 8.8% to $3.4 billion, including a 5.1% increase in 2024 alone, <a href="https://www.ibisworld.com/united-states/industry/guns-ammunition-manufacturing/662/">according</a> to IBISWorld. 
<h2 class="wp-block-heading">Gun Makers Are Holding Their Own</h2>
&#8220;The growth in e-commerce and rising disposable incomes have been pivotal in fueling revenue growth for online gun and ammunition sales,&#8221; noted IBIS, which added that the gun market is projected to grow over the next five years.
Gun manufacturers, such as Smith &amp; Wesson Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWBI#NASDAQ">SWBI</a>), Sturm, Ruger &amp; Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGR#NYSE">RGR</a>) were both trading higher on Thursday – 0.69% and 0.76% respectively while American Outdoor Brands, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOUT#NASDAQ">AOUT</a>) is down 0.95%, Ammo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWW#NASDAQ">POWW</a>) is flat and gun-related Olin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLN#NYSE">OLN</a>) is trading 1.22% lower.
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Photo: Benzinga edit with images by&nbsp;<a href="https://unsplash.com/@sichpicsss?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash" target="_blank" rel="noreferrer noopener">Matthew Sichkaruk</a>&nbsp;on&nbsp;<a href="https://unsplash.com/photos/green-leaf-in-close-up-photography-eh3Sy2XQr7s?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash" target="_blank" rel="noreferrer noopener">Unsplash</a>&nbsp;and&nbsp;<a href="https://www.pexels.com/@pixabay/" target="_blank" rel="noreferrer noopener">Pixabay</a>&nbsp;on Pexels.

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NRA Warns Of Legal Confusion Over Guns And Cannabis: Could Fed Ban Expand?

Mobile-focused online firearms retailer GrabAGun announced Monday a SPAC merger to go public and named Donald Trump Jr. as an<a href="https://www.benzinga.com/topic/donald-trump-jr"> investor and advisor.</a>
The SPAC Merger: GrabAGun announced a SPAC merger valuing the company at $150 million with Colombier Acquisition Corp II (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLBR#NYSE">CLBR</a>). The deal will add to the<a href="https://www.benzinga.com/topic/guns"> list of gun stocks </a>and related businesses that are public.
Colombier Acquisition Corp is led by Omeed Malik, who is described as a "distinguished entrepreneur and investor with extensive experience in digital marketplace transactions" in the deal announcement.
After the merger, the company will <a href="https://www.businesswire.com/news/home/20250106730864/en/">trade </a>as GrabAGun Digital Holdings Inc with the ticker "PEW" on the NYSE. The merger is expected to close in summer of 2025.
Current Colombier Acquisition shareholders are expected to <a href="https://www.sec.gov/Archives/edgar/data/1995413/000121390025000951/ea022679401ex99-1_colom2.htm">own </a>68% of the new company depending on shareholder redemptions at the time of the merger.
The company said the funds from the SPAC merger will help with future growth initiatives, seeking consolidation opportunities and general corporate purposes.
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About GrabAGun: Competing in the $25 billion firearms and ammunition segment, GrabAGun uses a mobile and online platform to cater to a younger audience and create ease-of-use for consumers to secure guns.
The company was founded in 2010 and said it operates under regulatory and legal requirements of the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives.
GrabAGun partners with multiple leading gun manufacturers and allows users to pick hich gun they want to buy through the e-commerce platform and then pick it up at a secure location to complete the purchase.
The company offers guns from Smith &amp; Wesson Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWBI#NASDAQ">SWBI</a>) and Sturm, Ruger &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGR#NYSE">RGR</a>). When public, the company will among gun-related stocks such as Olin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLN#NYSE">OLN</a>), Axon Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>), AMMO Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWW#NASDAQ">POWW</a>), American Outdoor Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOUT#NASDAQ">AOUT</a>) and Academy Sports and Outdoors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>).
The company also offers consumer financing, which it calls "shoot now/pay later" in the merger announcement.
Trump Jr. Added To Company: On Monday, it was announced that Trump is a "newly appointed advisor" to the company. He will also be an investor in the company after the merger is closed.
"It's truly important to me to only support and invest in companies that actually share my pro-American values, which is exactly why I'm so excited to announced our partnership with GrabAGun," Trump said.
Trump highlighted the company's focus on the Second Amendment and made a comparison to companies like Public Square (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSQ#NYSE">PSQ</a>), Rumble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) and Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) and their support of the First Amendment.
"In an age where our right to bear arms is under constant attack from anti-gun politicians and woke corporations, GrabAGun has developed a powerful, scalable platform that offers unmatched selection and services to Americans who wish to legally buy and own a firearm."
Trump said GrabAGun will "revolutionize the industry" and drive "significant growth" ahead.
The GrabAGun and Colombier Acquisition Corp II merger is the latest to use the Trump name as a selling point to investors. Trump was recently added to the board of PSQ Holdings, a company that went public via SPAC merger with Colombier Acquisition Corp I.
Trump was also <a href="https://www.benzinga.com/24/11/42215044/unusual-machines-appoints-donald-trump-jr-to-its-advisory-board-whats-going-on">added as an advisor </a>to Unusual Machines (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UMAC#AMEX">UMAC</a>), a drone company.
Both PSQH and UMAC shares soared by more than 100% on news of the association with Trump. 
Financials and Growth: GrabAGun had revenue of $98 million in 2023, up 14% year-over-year. The company reported that trailing 12-month revenue is $99.5 million, up 9.2% year-over-year.
The company has trailing 12-month EBITDA of $5.3 million. The company says it has positive cash flow.
GrabAGun CEO Marc Nemati said the SPAC merger will help the company scale operations and expand its reach with several growth opportunities ahead. 
"In an industry that has historically been slow to adopt modern technology, we have developed a scalable solution that delivers a best-in-class buying experience to customers nationwide," Nemati said.
The company said gun purchases by millennials and Gen Z consumers are a key growth area. Gun ownership for people ages 18 to 35 was up 57% from 2014 to 2023 compared to growth of 2% for the 35-50 demographic and a drop of 11% for the 50-64 group, according to GrabAGun. 
With a mobile and online experience that it said is more attractive to younger consumers, the company said it believes it can take market share from other gun retailers.
CLBR Price Action: Colombier Acquisition shares are down 7.55% to $10.90 Monday morning. Shares traded higher premarket on news of the deal.
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Photo via Shutterstock.

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Trump Jr. Partners With GrabAGun: What Investors Should Know About E-Commerce Company Set To Trade As 'PEW'

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Sturm Ruger &amp; Company Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGR#NYSE">RGR</a>)</h3>
<ul>
<li>On Oct. 30, Sturm Ruger &amp; Co posted weaker-than-expected quarterly earnings. Chief Executive Officer Christopher J. Killoy said, &#8220;The diversity of our products has been instrumental to our performance this year. We capitalized on the strong demand for several of our product families, including the Ruger American Rifle Generation II bolt-action rifles, the Marlin lever-action rifles, and the Security-380 pistol, maintaining our market share without sacrificing our long-term focus or pricing discipline. Despite the current promotion-rich environment, the estimated sell-through of our products from our independent distributors to retailers increased while our finished goods inventory and our distributors&#8217; inventories have decreased 125,000 units in the past year." The company's stock fell around 9% over the past month and has a <a href="https://www.benzinga.com/quote/RGR">52-week low of $34.29</a>.</li>
<li>RSI Value: 29&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>RGR Price Action: Shares of Sturm Ruger fell 1% to close at $34.65 on Friday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent123024&amp;t=be2bearmibe3na1">latest RGR news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent123024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30065110/image-226.png" alt="" class="wp-image-711268" style="width:680px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30065110/image-226.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30065110/image-226-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30065110/image-226-768x712.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
Guess? Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GES#NYSE">GES</a>)&nbsp;&nbsp;&nbsp;
<ul>
<li>On Nov. 26, Guess? reported a year-over-year decrease in third-quarter adjusted EPS results. Paul Marciano, Co-Founder and Chief Creative Officer, commented, &#8220;This year we have made significant investments for Guess in new product introductions and increased marketing campaigns, and the customers have responded well." The company's stock fell around 21% over the past month and <a href="https://www.benzinga.com/quote/GES">has a 52-week low </a>of $13.54.</li>
<li>RSI Value: 27</li>
<li>GES Price Action: Shares of Guess fell 1.7% to close at $13.66 on Friday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent123024&amp;t=be2bearmibe3na1">trend in GES stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent123024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="915" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30071033/image-227.png" alt="" class="wp-image-711288" style="width:572px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30071033/image-227.png 915w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30071033/image-227-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30071033/image-227-768x703.png 768w" sizes="(max-width: 915px) 100vw, 915px" /></a></figure>
<h3 class="wp-block-heading">Full House Resorts Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLL#NASDAQ">FLL</a>)</h3>
<ul>
<li>On Nov. 6, Full House Resorts posted weaker-than-expected quarterly results. &#8220;American Place continued its meaningful growth during the third quarter of 2024,&#8221; said Daniel R. Lee, President and Chief Executive Officer of Full House Resorts. &#8220;This still relatively-new property, which opened in February 2023, grew revenues and Adjusted Property EBITDA by 17.7% and 13.6%, respectively. We look forward to further growth at American Place in 2025 and beyond. The company's stock fell around 15% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/FLL">low of $3.77</a>.</li>
<li>RSI Value: 27</li>
<li>FLL Price Action: Shares of Full House Resorts slipped 0.5% to close at $3.93 on Friday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent123024&amp;t=be2bearmibe3na1">breakout in FLL shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent123024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="880" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30071153/image-228.png" alt="" class="wp-image-711291" style="width:593px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30071153/image-228.png 880w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30071153/image-228-300x285.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/30071153/image-228-768x730.png 768w" sizes="(max-width: 880px) 100vw, 880px" /></a></figure>
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Top 3 Consumer Stocks That May Explode In December

Sturm Ruger &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGR#NYSE">RGR</a>) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.56 by 50 percent. This is a 33.33 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $122.29 million which missed the analyst consensus estimate of $137.05 million by 10.77 percent. This is a 1.15 percent increase over sales of $120.89 million the same period last year.

Earnings Misses

Sturm Ruger & Co Q3 EPS $0.28 Misses $0.56 Estimate, Sales $122.29M Miss $137.05M Estimate

Macro Economic Events

Economics

General

DGLY

VSTO

WRAP

U.S. Attorney General Garland, 'Devastated' For Families Affected By Shooting, Says FBI, ATF Are On Scene Of Shooting At High School In Georgia; Justice Dept Stands Ready To Provide Resources And Support In Days Ahead

Update: 4 Dead, 30 Injured In Georgia School Shooting

Two People Killed, 4 Injured In Georgia School Shooting; One Suspect In Custody After Shooting At Apalachee High School, Georgia

Sturm, Ruger & Co shares are trading lower after the company reported worse-than-expected Q2 financial results.

Sturm Ruger &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGR#NYSE">RGR</a>) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.76 by 38.16 percent. This is a 48.35 percent decrease over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $130.761 million which missed the analyst consensus estimate of $137.601 million by 4.97 percent. This is a 8.43 percent decrease over sales of $142.804 million the same period last year.

Sturm Ruger & Co Q2 2024 GAAP EPS $0.47 Misses $0.76 Estimate, Sales $130.761M Miss $137.601M Estimate

SPWH

Shares of prison and firearm stocks are trading higher following the attempted assassination of Donald Trump, which has lifted stocks that could benefit from a Trump presidency on Monday.

Several stocks are moving Monday following the attempted assassination of former President Donald Trump at a rally in Pennsylvania over the weekend. Here&#8217;s what <a href="https://www.benzinga.com/news/24/07/39763322/republicans-say-trump-rally-shooting-is-a-game-changer-for-former-president-he-just-won-the-election">you need to know</a>.
What To Know: Shares of Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), the parent company of social media platform Truth Social, are rallying Monday after a bullet grazed Trump&#8217;s ear at a campaign rally on Saturday. The former President was treated at a local hospital before being released Saturday night. 
Analysts have suggested that the assassination attempt makes it more likely that Trump will win back the White House in November, according to <a href="https://www.cnbc.com/2024/07/15/trump-media-shares-rise-after-assassination-attempt.html">CNBC</a>. Several Trump-related stocks appear to be getting a lift from increased optimism around Trump&#8217;s chances of winning reelection.
Related Link: <a href="https://www.benzinga.com/news/24/07/39764903/fbi-probes-trump-rally-shooting-as-potential-domestic-terrorism-it-appears-that-he-was-a-lone-actor">FBI Probes Trump Rally Shooting As Potential Domestic Terrorism: &#8216;It Appears That He Was A Lone Actor&#8217;</a>
Phunware Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) shares were up more than 30% while Rumble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) stock was up approximately 8.5% at the time of writing, per <a href="http://pro.benzinga.com">Benzinga Pro</a>. 
Phunware has ties to Trump dating back to 2020 when the company announced that it was working on the development, launch and ongoing management of the Trump 2020 Reelection Campaign&#8217;s mobile application portfolio. Rumble is a video platform and cloud services provider focused on creating an independent infrastructure. The company entered into a <a href="https://www.benzinga.com/pressreleases/21/12/g24609491/trump-media-technology-group-announces-partnership-with-rumble-inc" target="_blank" rel="noreferrer noopener">technology and cloud services agreement</a> with Trump Media &amp; Technology Group in late 2021.
Other stocks getting a bump following this weekend&#8217;s campaign rally attack include gun and ammunition makers Smith &amp; Wesson Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWBI#NASDAQ">SWBI</a>), Sturm, Ruger &amp; Company Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGR#NYSE">RGR</a>) and AMMO Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWW#NASDAQ">POWW</a>). 
Trump&#8217;s odds of winning the 2024 presidential election reportedly jumped to an <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39764879/odds-of-trump-presidency-raised-to-all-time-high-by-crypto-bettors-after-assassination-bid">all-time high</a> after the former President survived the assassination attempt over the weekend. 
The Republican National Convention is set to kick off as planned on Monday, marking the first chance for party members to rally behind Trump after he survived the assassination attempt.
Photo: Shutterstock.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/07/39764815/trump-responds-to-bidens-call-for-unity-following-assassination-attempt-unite-america">Trump Responds To Biden&#8217;s Call For Unity Following Assassination Attempt: &#8216;Unite America!&#8217;</a></li>
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PHUN

Trump Media, Other Trump-Linked Stocks Rally After Assassination Attempt On Former President

U.S. Surgeon General Vivek H. Murthy <a href="https://www.benzinga.com/news/24/06/39358039/us-surgeon-general-calls-for-warning-labels-on-social-media-due-to-mental-health-risks">declared gun violence</a> a public health crisis Tuesday in a 39-page advisory.
What Happened: Murthy is imploring the nation to confront the issue with the same effort put toward reducing deaths and injuries from tobacco and motor vehicle accidents.
He also emphasized the significant physical and mental toll of gun violence on communities nationwide.
Deaths caused by guns climbed to a three-decade high in 2021 due to higher incidents of homicides and suicides, according to the advisory.
"I want people to understand the full impact of firearm violence in our country, and I want them to see it as a public health issue," Murthy told the Washington Post. "I know it's been polarizing and I know it's been politicized, but if we can see it as a public health issue, we can come together and implement a public health solution."
As of 2020, firearm-related injuries had become the No. 1 cause of death for children and adolescents ages 1 to 19 in the U.S. It exceeded those from vehicular accidents, cancer and heart disease.
Murthy said one of the reasons for the advisory is the rising number of mass shootings in the past decade, which he says has significant implications for mental health and the well-being of the country.
See Also: <a href="https://www.benzinga.com/news/24/02/37054296/at-nra-forum-donald-trump-vows-unwavering-support-for-gun-rights-if-elected-no-one-will-lay-a-finger">At NRA Forum, Donald Trump Vows Unwavering Support For Gun Rights If Elected: &#8216;No One Will Lay A Finger On Your Firearms&#8217;</a>
Why It Matters: There have been 15 mass killings (defined as an attack in which four or more people have died) so far in 2024, according <a href="https://projects.apnews.com/features/2023/mass-killings/index.html">to</a> The Associated Press. 
According to <a href="https://www.statista.com/topics/10843/mass-shootings-in-the-united-states/#editorsPicks">Statista.com</a>, 2017 had the greatest number of casualties from a mass shooting on record when a gunmen opened fire on a crowd of concertgoers in Las Vegas. Fifty-eight people died, with a total of <a href="https://www.statista.com/statistics/476101/worst-mass-shootings-in-the-us/" target="_blank" rel="noreferrer noopener">604 victims</a>. 
After that shooting, then-President Donald Trump put in place <a href="https://www.benzinga.com/government/24/02/37364628/trump-era-gun-control-measure-faces-supreme-court-scrutiny-the-bump-stock-ban-to-be-reviewed">a ban on bump stocks</a>, an accessory that speeds up the rate of fire of semi-automatic weapons (he has since <a href="https://apnews.com/article/trump-election-2024-nevada-south-carolina-a6339d7c607bc042bb01583876e129cb">told</a> NRA members that he "did nothing" on guns during his presidency).
Last week, the conservative-leaning Supreme Court <a href="https://www.cnn.com/2024/06/14/politics/supreme-court-bump-stocks/index.html">struck</a> down the ban. 
In March, President Joe Biden signed an executive order on gun control, strengthening background checks — <a href="https://www.benzinga.com/general/psychology/23/03/31367898/biden-signs-comprehensive-gun-control-bill-triggering-many-republicans">a move that angered Republicans</a>. 
He has also urged Congress to tighten gun laws following the Supreme Court ruling, and began circulating clips of Trump, a Republican, saying, <a href="https://www.nbcnews.com/politics/donald-trump/trump-tells-supporters-get-iowa-school-shooting-move-forward-rcna132610" target="_blank" rel="noreferrer noopener">"We have to get over it"</a> after an Iowa school shooting in January.
The U.S. had a firearm-related death rate 11.4 times higher than 28 other high-income nations, according to 2015 data from the federal Centers for Disease Control and Prevention and the World Health Organization. 
Price action: Sturm &amp; Ruger Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGR#NYSE">RGR</a>) ticked up 0.05% in Tuesday&#8217;s early-morning trading, while Smith &amp; Wesson Brands Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWBI#NASDAQ">SWBI</a>) gained 0.61% and Olin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLN#NYSE">OLN</a>) slid 2.25%. Vista Outdoor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSTO#NYSE">VSTO</a>) declined 0.55% Tuesday morning.
Read now: <a href="https://www.benzinga.com/markets/equities/24/02/36895681/altria-vs-british-american-tobacco-which-stock-is-smoking-hot-right-now">Altria Vs. British American Tobacco: Which Stock Is Smoking Hot Right Now?</a>
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US Surgeon General Calls Gun Violence A Public Health Issue

Market Summary

PLTR

Benzinga Market Summary: PMI Beats Estimates, US Existing Home Sales Fall Slightly, Palantir Falls On Analyst Downgrade, US Supreme Court Upholds Gun Ban For Domestic Violence Cases

US Supreme Court Upholds Gun Ban For Domestic Violence Cases

President Biden, Reacting To Supreme Court Ruling On 'Bump Stocks", Says Decision Strikes Down An Important Gun Safety Regulation

U.S. Supreme Court Rejects Appeal Challenging Maryland Assault Weapon Ban

With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Emerson Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) to report quarterly earnings at $1.25 per share on revenue of $4.29 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Emerson Electric shares rose 1.2% to $108.70 in after-hours trading.</li>
<li>Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) posted stronger-than-expected sales for its first quarter. The company saw second-quarter gross bookings of between approximately $4 billion and $4.1 billion, adjusted EBITDA of between $95 million and $100 million and an adjusted EBITDA margin of approximately 2.4%. Lyft shares gained 6.3% to $17.65 in the after-hours trading session.</li>
<li>Analysts are expecting Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) to post quarterly earnings at 23 cents per share on revenue of $10.11 billion. The company will release earnings before the markets open. Uber shares gained 2.9% to $72.45 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a> 
<ul>
<li>Sturm, Ruger &amp; Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGR#NYSE">RGR</a>) posted downbeat results for its first quarter on Tuesday. The company reported GAAP earnings of 40 cents per share, missing estimates of 87 cents per share. Its sales came in at $136.800 million, down from expectations of $153.398 million. Sturm, Ruger shares fell 5% to $44.00 in the after-hours trading session.</li>
<li>Analysts expect Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) to post quarterly earnings at 51 cents per share on revenue of $3.73 billion before the opening bell. Teva shares rose 0.4% to $14.00 in after-hours trading.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/24/05/38667879/jim-cramer-calls-nutanix-the-perfect-enterprise-software-company-for-the-moment">Jim Cramer Calls Nutanix &#8216;The Perfect Enterprise Software Company For The Moment</a>&#8216;

LYFT

TEVA

UBER

Uber, Lyft And 3 Stocks To Watch Heading Into Wednesday

Press Releases

Sturm, Ruger & Company, Inc. to Report Second Quarter Results and File Quarterly Report on Form 10-Q on Wednesday, July 31

Sturm, Ruger & Company, Inc. Reports Second Quarter Diluted Earnings of 47¢ Per Share and Declares Quarterly Dividend of 19¢ Per Share

Sturm, Ruger & Company, Inc. to Report Third Quarter 2024 Financial Results on Wednesday, October 30

Sturm, Ruger & Company, Inc. to Report Third Quarter Results and File Quarterly Report on Form 10-Q on Wednesday, October 30

Sturm, Ruger & Company, Inc. Reports Third Quarter Diluted Earnings of 28¢ Per Share and Declares Quarterly Dividend of 11¢ Per Share

Sturm, Ruger & Co., Inc. Announces Appointment of Todd W. Seyfert as its Next President and Chief Executive Officer

Sturm, Ruger & Company, Inc. to Report Fourth Quarter and Year-End 2024 Financial Results on Wednesday, February 19

Sturm, Ruger & Company, Inc. to Report 2024 Results and File Its Annual Report on Form 10-K on Wednesday, February 19

Sturm, Ruger & Company, Inc. Reports 2024 Diluted Earnings of $1.77 Per Share and Declares Dividend of 24¢ Per Share

Sturm, Ruger & Company, Inc. to Report First Quarter 2025 Financial Results on Wednesday, April 30

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