Stocks in US gun makers rise following horror Texas school shooting

📆 5/27/2022 10:32 PM
📰 9NewsSyd

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The stock prices of a number of prominent US firearm manufacturers have risen in the days following the mass school shooting in Texas. 9News

Smith & Wesson Brands has risen almost 10 per cent in the past five days, mirroring the success of other manufacturers such as Ammo Inc , Sturm Ruger and ammunition maker Olin .

found that a "statistically significant" spike in gun sales occurred in the months immediately following every single mass shooting event. How American politicians will tackle the fallout from one of the worst school shootings in more than a decade remains to be seen. It is uncertain if the group can come to consensus, and even if they do, winning enough votes from Republicans could prove difficult, as most do not want to see changes in the nation's gun laws.

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