FYI: Shares of U.S. gunmakers rose Monday, bucking declines in the broader market, amid renewed calls for gun control measures following mass shootings in Texas and Ohio over the weekend.
Gun company stocks have typically traded higher after mass shootings as consumers may step up purchases to get ahead of potential regulatory changes that could make it more difficult to obtain guns. President Donald Trump earlier this morning tweeted about linking “strong background checks” and immigration reforms, although he didn’t discuss gun control in later remarks on the shootings
Regards,
Ted
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