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Sturm, Ruger and American Outdoor Brands Stock Rise as Trump Makes Speech to the NRA

Gun stocks American Outdoor Brands and Sturm, Ruger were both climbing Friday afternoon.

Gun stocks American Outdoor Brands (AOBC) - Get American Outdoor Brands Corporation Report and Sturm, Ruger (RGR) - Get Sturm, Ruger & Company, Inc. Report were both climbing Friday afternoon. This came during President Donald Trump's speech at the National Rifle Association. While campaigning, Trump came out heavily in favor of gun rights. Trump's visit to the NRA is the first time since 1983 a sitting president has addressed the group. Trump is making his speech just outside of Atlanta.

Sturm, Ruger shares were up more than 1% Friday afternoon while American Outdoor Brands was rising just under 1%.

Read More: Gun Stocks Rise as Trump Makes Speech to the NRA

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This article was written by a staff member of TheStreet.