Gun stocks fluctuate as investigation into Vegas shooting deepens

By Christen Smith

Las Vegas Metro Police and medical workers stage in the intersection of Tropicana Avenue and Las Vegas Boulevard South after a mass shooting at a music festival on the Las Vegas Strip in Las Vegas, Nevada, U.S. October 1, 2017. (Photo: Reuters)
Share prices for most gun makers ended on a high note Thursday as the ongoing investigation into the Las Vegas shooting triggers swings in the market.
Sturm, Ruger and Co. and Vista Outdoor made small gains after the National Rifle Association said the federal government should reexamine bump stocks — a legal modification to rifles mimicking automatic fire. American Outdoor Brands slipped less than one percent Thursday after posting a 4 percent increase 24 hours after the shooting.
“We didn’t talk about banning anything,” Chris Cox, NRA-ILA’s executive director, told Tucker Carlson during an interview Thursday on Fox News. “We talked about the ATF going back and looking at if these (bump stocks) comply with federal law.”
Bump stocks made headlines this week after the Bureau of Alcohol, Tobacco, Firearms and Explosives confirmed 12 of the modification devices were found in 64-year-old Stephen Paddock’s two-room suite on the 32nd floor of Mandalay Bay and Casino. Paddock perpetrated the deadliest mass shooting in American history Sunday

Source: Guns.com