Sturm, Ruger & Co. (RGR) reported third quarter EPS of $0.34 after the close Wednesday, down from $1.44 in the prior year period. The consensus estimate was for EPS of $0.99.
Sturm, Ruger & Co. gapped open sharply lower Thursday morning and is now down 4.38 at $42.75. The stock has fallen below a month and a half long range and has set a new low for the year.
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