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Shares of gun manufacturers soared again on Tuesday after President Barack Obama unveiled gun control measures and Smith & Wesson Holding Corp released a more bullish financial outlook.
Smith & Wesson shares were up 12.2 percent to $26.12 in morning trade after touching a record high of $26.54 earlier in the session. Shares of rival Sturm Ruger & Co jumped 7.4 percent to $65.95 after rising to a 1-1/2-year high of $66.93.
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