Hacked data reveals a new nightmare for US gun industry [USA TODAY]
Sturm, Ruger & Company, Inc. (RGR)
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Source: USA TODAY
A massive leak of Mexican military intelligence has exposed for the first time in two decades U.S. gun shops and smugglers tied to 78,000 firearms recovered south of the border – and which types of guns are being trafficked. The nuggets of information are among roughly 10 million records hacked by an anonymous collective known as “Guacamaya” and shared with news outlets by the transparency organization Distributed Denial of Secrets, or DDoSecrets. The Mexican Defense Ministry leak previously made headlines for exposing military corruption and surveillance abuse, and now reveals the trace data on American-sold firearms recovered since 2018. Despite efforts to stem the flow, these American firearms are smuggled south as part of the cycle of Latin-American narcotics headed north. The violence in Central America fueled, in part, by guns also has contributed to the migration crisis at the U.S. border An avalanche of guns: Explore the visual investigation As part of the leak, email
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News
- Sturm, Ruger & Company, Inc. (NYSE:RGR) is largely controlled by institutional shareholders who own 62% of the company [Yahoo! Finance]Yahoo! Finance
- Seasonal US Gun Demand Slides To Pre-COVID Lows [zero hedge]zero hedge
- Sturm, Ruger & Company, Inc. (NYSE: RGR) was upgraded by analysts at Lake Street Capital to a "strong-buy" rating.MarketBeat
- Sturm, Ruger & Company: Generation II Fulfillment Coming [Seeking Alpha]Seeking Alpha
- Sturm Ruger's (NYSE:RGR) Shareholders Will Receive A Smaller Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
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Analyst Actions
- 5/14/24 - Lake Street Capital
RGR
Sec Filings
- 6/10/24 - Form 8-K
- 6/6/24 - Form 4
- 6/5/24 - Form 144/A
- RGR's page on the SEC website