Shares of gun stocks have moved higher following the Las Vegas mass shooting. As of this writing, Ruger and American Outdoor Brands (Smith & Wesson’s holding company) are up over six percent. Make of that what you will. I reckon there are two reasons . . .
The market must figure that, like the aftermath of Sandy Hook, there will be a gun control push leading to more sales. Or people will buy guns out of fear of more attacks. Or both.