Las Vegas shooting causes gun stocks to jump
- 7 years ago
Gun sales were up in the wake of the worst shooting in U.S. history. Shares of Sturm Ruger (RGR) were up 6 percent, while American Outdoor Brands (AOBC), the company formerly known as Smith & Wesson, gained nearly 7 percent. The increase in numbers follows the rampage by Stephen Paddock who killed at least 58 people and injured over 500 more at a country music event in Las Vegas. Gun stocks previously plunged following the election of Donald Trump.