Investors expected an increase in gun sales after Clinton unveiled a method calling for tougher background checks and Obama also renewed his calls for lawsRenewed calls for tougher gun control laws sent gun stocks surging on Monday as investors expected an increase in gun sales. The value of Smith & Wesson’s shares went up by 7.29% and Sturm,Ruger & Co increased by 2.75%. It was another good day for gun stock investors. Overall this year, the value of Smith & Wesson’s shares has increased by more than 80% and that of Sturm, or Ruger increased by more than 60% – making them some of the best-performing stocks of 2015.
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Source: theguardian.com