Gun Stocks Are Surging

shotgun shells

Photo: freethehops on flickr

President Obama just announced a panel to study new gun violence prevention measures.The market is not worries — gun stocks are way up.

Sturm, Ruger is up 5 per cent. Swith & Wesson is  up 8 per cent.

Cabela’s, which sells guns at its retail outlets, is up 2 per cent.

Note that these stocks got crushed in the immediate wake of Newtown.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

guns moneygame-us obama