The stock prices of America’s two largest public gunmakers rose in pre-market trading Wednesday, the morning after a school shooting in Uvalde, Texas, …
The stock prices of America’s two largest public gunmakers rose in pre-market trading Wednesday, the morning after a school shooting in Uvalde, Texas, left 19 children and 2 adults dead. At 8 a.m. ET, Sturm, Ruger & Company, the largest public US gunmaker by value, was up 0.9%, with Smith & Wesson Brands, the second-largest, up 1.2%. Americans tend to stock up on guns and ammunition when gun control returns to the political agenda. The stock prices of gun and ammunition makers rose after the 2012 massacre at Sandy Hook Elementary School and the San Bernardino shooting in 2015.
