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Posted September 20. 2017 1:11PM

Ruger stock surges on report Trump is preparing to ease rules for overseas sales of US guns

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Worker Marilyn MacKay assembles a rifle at the Sturm, Ruger & Co., Inc. gun factory in Newport, New Hampshire. (Reuters)

Shares of Sturm Ruger surged Tuesday after a Reuters report, citing senior U.S. officials, said the Trump administration is preparing to make it easier for U.S. gun makers to sell small arms to foreigners.