Editor Desk
Jun 13, 20161 min
It’s a cycle that begins to get weary after the 14th iteration. Mass shooting. Politicians expressing condolences. Focus turns to gun control. Gun stocks soar in anticipation of tougher gun laws. Smith & Wesson and Sturm, Ruger both experienced 10% increases in their stock following what is being now labeled the worst mass shooting in American history. Despite Americans’ fears that the government will soon pass restrictive legislation regarding gun ownership, their fears may prove unfounded as most significant legislation has been blocked in Congress. This leads to the theory that these spikes in gun sales may be temporary phenomena, as both the aforementioned companies experience drops in their stock after the FBI reported a drop in background checks last week.