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Police killings and mass shootings have sent US weapon shares surging

Police killings and mass shootings have sent US weapon shares surging
August 23, 2016
Police killings and mass shootings have sent US weapon shares surging

Both companies appear to have benefited from the shooting of scores of partygoers at an Orlando nightclub and the murder of five Dallas police officers this summer. Moreover, Smith's shares leapt following the pair of mass shootings in Colorado and California in the space of a week last year, as investors bet that worried Americans would stock up on rifles and ammunition to defend themselves. And a police officer shooting Michael Brown - an unarmed black man - in Ferguson, Missouri, appears to have lifted Taser's shares. Similar incidents have sparked nationwide protests and public outcry, undoubtedly putting police under pressure to invest in body cameras and non-lethal weaponry.