Smith & Wesson Gun At Near All-Time High in Wake of Dallas Shootings

July 8, 2016, 2:10 PM UTC
Inside the National Rifle Association (NRA) Annual Meetings & Exhibits
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, U.S., on Saturday, April 11, 2015. Top Republican contenders for their party's 2016 presidential nomination are lining up to speak at the annual NRA event, except New Jersey Governor Chris Christie and Kentucky Senator Rand Paul, who were snubbed by the country's largest and most powerful gun lobby. Photographer: Daniel Acker/Bloomberg via Getty Images
Daniel Acker — Bloomberg via Getty Images

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%.

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