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Gun Stocks On The Rise Following Las Vegas Shooting


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Oct 02, 2017
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Gun stocks rose Monday following the deadliest mass shooting in American history late Sunday night. A gunman in a hotel room at the Mandalay Bay in Las Vegas killed at least 58 people attending an outdoor concert and wounded over 500 more.

Shares of Sturm Ruger (RGR) were up 4%, while American Outdoor Brands (AOBC), the company formerly known as Smith & Wesson, gained more than 3%. A company named Olin (OLN), which owns the Winchester brand of ammunition, rose 6% to an all-time high.

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