Tag Archive: Gun Stocks Surge

on January 5, 2016 in World News

Gun Stocks Surge, Even As Dow Jones Falls

by AWR Hawkins On January 4 Smith & Wesson Holding Corp. and Strum, Ruger & Co. rose sharply while “the Dow Jones Industrial Average tumbled 276 points.” The fall in Dow Jones was attributed to “fears of a global economic slowdown,” while the rise in the value of gun stocks was posited as a response to Obama’s pending executive gun control. According to the New York Daily News, Smith & Wesson “rose nearly 6% Monday” and Ruger rose 2.7%. Smith & Wesson makes some of the best known and most trusted revolvers in the world, as well as a wildly… View Article

click here for more