Firearms maker Sturm, Ruger rises after report says Beretta pushes to increase stake

Sturm, Ruger & Company

25/03/2026 11:54

** Shares of firearms maker Sturm, Ruger RGR.N rise 5.2% to 42.87 premarket

** Italian gunmaker Beretta pushes to raise stake in co to 30%, Financial Times reports

** Beretta currently holds a 9.95% stake in the RGR, making it the largest shareholder, according to LSEG data

** Earlier this month, Beretta had sent a letter to co shareholders highlighting the urgent need for boardroom change

** Up to last close, RGR was up nearly 25% YTD

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.P@thomsonreuters.com;))