A logo appears on a revolver on display in the Smith & Wesson booth on the exhibition floor of the 144th National Rifle Association (NRA) Annual Meetings and Exhibits at the Music City Center in Nashville, Tennessee on April 11, 2015.
Daniel Acker — Bloomberg via Getty Images
By Denver Nicks and Money
July 8, 2016

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.

SPONSORED FINANCIAL CONTENT

You May Like

EDIT POST