Why Did Sturm, Ruger Plunge 10.38%? HighTower Advisors Cuts Holdings 4.3%

On April 4, 2025, Sturm, Ruger & Company, Inc. (NYSE: RGR) experienced a significant drop of 10.38% in pre-market trading, marking a notable decline in its stock performance.

HighTower Advisors LLC, a prominent institutional investor, reduced its holdings in Sturm, Ruger by 4.3% during the fourth quarter. This move indicates a shift in the investment strategy of the firm, which could potentially influence market sentiment towards the company.

While the specific reasons behind the drop in Sturm, Ruger's stock price are not explicitly stated, the reduction in holdings by a major institutional investor like HighTower Advisors LLC suggests a cautious outlook on the company's future prospects. This development may have contributed to the pre-market decline, as investors often react to changes in institutional holdings as indicators of broader market trends.