Gun stocks rise after Las Vegas shooting

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)
Gun stocks for major manufacturers rose more than 4 percent in the wake of the Las Vegas shooting.
Sturm, Ruger and Co. closed 4.45 percent higher Monday while competitor American Outdoor Brands, the holding company for Smith & Wesson, reported a 4 percent increase in share prices.
Mass shootings and terrorist attacks — both stateside and internationally — often trigger an increase in gun sales. Dealers saw an unprecedented influx of customers last year in the weeks after the Orlando nightclub massacre on June 12, 2016 killed 49 people and wounded more than 50 others.
The massacre in Las Vegas late Sunday unseated the Orlando tragedy as the deadliest mass shooting in American history. At least 59 people died and more than 500 were wounded when a lone gunman opened fire from the windows of his suite at the Mandalay Bay Resort and Casino onto a country music festival 32 stories below.
Authorities said the shooter — 64-year-old Stephen Paddock, of Mesquite, Nevada — left few clues

Source: Guns.com