Smith Wesson Holding: Politicians have called for a moment silence while refusing to do anything to stop the next one, according to The Guardian. And gun companies have emerged as the only winners. A community has gone into mourning, fear once again stalks the land. The S&P 500 has remained largely flat over the last 12 months and gun stocks have been among the outperformers. Fear of having gun sales curtailed or banned; fear of terrorism; fear of immigrants; all have sent Americans scurrying off to buy guns in record numbers. Sturm Ruger & Co has risen 7.86%, while Smith & Wesson Holding is up a whopping 37.9% since this time last year.
(news.financializer.com). As
reported in the news.
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