Press "Enter" to skip to content

Gun stocks rise after mass shootings and Trump’s call for stronger background checks

Gun stocks rise after mass shootings and Trump’s call for stronger background checks

Gun stock sales grow after Trump statementStocks  of publicly traded gun companies rose Monday, following calls for  stricter gun laws after two more deadly mass shootings in the United  States over the weekend.

Shares of American Outdoor Brands (AOBC), formerly known as Smith & Wesson, rose 3% while Sturm, Ruger & Co. (RGR) was up 2%, even as the broader market plunged on growing trade tension between the United States and China. Vista Outdoor (VSTO), a maker of ammunition, also gained slightly.

President  Trump said in a tweet Monday that “Republicans and Democrats must come  together and get strong background checks” following the killings at a  Walmart in El Paso, Texas, and near a bar in Dayton, Ohio.

Source: Gun stocks rise after mass shootings and Trump’s call for stronger background checks

Disqus Comments

Specify a Disqus shortname at Social Comments options page in admin panel

Facebook Comments

Mission News Theme by Compete Themes.