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News Link • Economy - Economics USA

The Sandy Hook Effect: Gun Sales Rise as Stocks Fall

• cnbc.com
 

Friday's massacre at a Connecticut elementary school that left 26 people dead – including 20 children within the ages of six and seven – has sparked a national conversation about imposing stricter legislation on the nearly $32 billion firearms industry.

The ensuing debate has had a few noticeable side effects. Anecdotal evidence suggests that gun enthusiasts are moving quickly to purchase new weapons, spurred on by the prospect of tougher laws. Simultaneously, and for similar reasons, the shares of several gun manufacturers have plunged.

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