Gun stocks are surging

Smith & Wesson gun

Shares of major gunmakers rallied in pre-market trading on Monday, one day after the deadliest mass shooting in US history.

Smith & Wesson shares jumped by as much as 9%, while Sturm, Ruger & Company shares rallied 4%.

At least 50 people died at a gay nightclub in Orlando on Sunday when Omar Mateen, the suspected gunman, opened fire with an assault-style rifle.

Gunmaker shares have rallied after previous mass shootings that revived the debate about tougher gun-control laws.

President Barack Obama and Hillary Clinton, the presumptive Democratic presidential nominee, both called for stricter gun-control measures in statements on Sunday.

More…

    
Plugin by: PHP Freelancer
This entry was posted in 2nd Amendment, Editorial. Bookmark the permalink.