In a macabre pattern that has by now become routine, the stock price for gun manufacturer Smith & Wesson SWHC 3% opened Friday at $29.75 a share, near an all-time high after surging following a week of violence that culminated in the killings of five Dallas police officers.
In premarket trading Friday, according to CNBC, Smith & Wesson climbed more than 4%, approaching $29.50 before the opening bell. The stock hit its all-time high of $30.44 on March 18.
Gun stocks routinely surge after the mass shootings that have become all-too commonplace in the United States in recent years. Following the Orlando shooting at a gay nightclub in June that left 49 people dead Smith & Wesson’s stock price rose 6.9%.
This story was originally published on Money.com.
