Gun stocks rise on record March FBI background checks
Janet Freund and Bloomberg Automation
Bloomberg
Gunmakers Sturm Ruger and Smith & Wesson rose Thursday after the FBI’s National Instant Criminal Background Check System (NICS) showed U.S. unadjusted criminal background checks rose 25% to a record in March from a year ago.
Unadjusted checks climbed to 4.69 million from 3.74 million in March 2020, and gained 36% from 3.44 million in February. Six days in March made the list of the top 10 highest days for background checks since 1998. The week of March 15, 2021 to March 21, 2021 was the top background check week on record, while March 22, 2021 to March 28, 2021 was the fourth best week.
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