8 years ago
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Smith & Wesson shares hit new high as Obama unveils gun control measures
Smith & Wesson shares have soared to their highest level in more than a decade as Barack Obama tearfully announced new restrictions on gun sales designed to reduce the nation’s epidemic of mass shootings. Shares in Smith & Wesson rose by more than 11% on Tuesday to end the day at a new high of $25.86 after the world’s biggest gun company told investors that it expected bumper sales, as consumers have rushed out to buy more guns while politicians debate gun control legislation.
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http://www.theguardian.com
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This is what the gun control debate is really about. Money.