Gun stocks surge after Orlando massacre

It offers handguns, including revolvers and pistols; long guns, such as sporting, bolt action, and single shot rifles; hunting rifles; black powder firearms; handcuffs and restraints; and firearm-related products and accessories.

There was also a rush for firearms after mass shootings at Aurora, Columbine, Virginia Tech and Umpqua Community College in OR in recent years. Background checks this year are already on pace to top last year’s level and could surge in the fall as the presidential election nears. As a financial opportunity, however, “It is what it is”, he added.

But short sellers – people who make money by betting against a stock – have increased their bets against Smith & Wesson by more than a third since February, Bloomberg data shows. Sturm Ruger shares were still up about 60% over the past year and a half, after falling 20% over the past three months.

That announcement followed the mass shooting in San Bernardino, California where 14 people died when a couple pledging their allegiance to the Islamic State killed them.

According to Fox Business, “Smith & Wesson rallied 6.9% to $22.88, and Ruger jumped 7.9% to $61.93”. 4 of the analysts have a buy or better rating; the 0 sells versus 0 underperforms. There are more guns in America than there are Americans. The gun industry uses these background checks as a way of monitoring sales.

The Street Ratings team rates Smith & Wesson stock as a “buy” with a ratings score of A-, not based on the news in any given day, but objectively based on its “risk-adjusted” total return prospect over a 12-month investment horizon.

However, there is one consistent aspect of every mass shooting aftermath: an increase in gun sales.

Sturm, Ruger & Company shares gained 8 percent.

On 6/13/2016, Boeing Company (NYSE:BA) finished the previous buying and selling session with the price of $129.92.

Today US gun companies Smith & Wesson saw its shares rise by 10% and Strum Ruger & Co by 9% – the two leading manufactures in the country.

Gun company shares soared on Monday as traders predicted that Americans will react to the Orlando massacre by rushing out to arm themselves with more guns.

President Obama on Sunday also called for stricter gun-control measures.