News Formal

Stocks in US gun makers rise following horror Texas school shooting

  • 📰 9NewsSyd
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa News News

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 23. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks rally, poised to snap nearly two months of weekly lossesShares were broadly higher in New York, ahead of the Memorial Day holiday weekend, with investors assuaged by the latest data.
Source: FinancialReview - 🏆 2. / 90 Read more »

ASX to rise, US stocks rally on rate rise outlookAustralian shares set to gain on Thursday, after Wall Street rallied after minutes from the US central bank gave investors hope the economy can avoid recession.
Source: abcnews - 🏆 5. / 83 Read more »