The following snippets came from The Trace, an independent, nonprofit news organization dedicated to expanding coverage of guns in the United States.
The gun companies defying a stock market shock
Business closures and lockdowns have dealt withering blows to the economy. But after roughly two straight weeks of stock market declines, the nation’s three publicly traded gun companies have posted dramatic gains.
American Outdoor Brands, the parent company of Smith & Wesson; Vista Outdoor, which owns several ammunition companies; and Sturm, Ruger & Co. all posted dramatic gains through the past week. As of March 17, American Outdoor Brands showed the strongest weekly change in stock price — a more than 40 percent increase — of any company in the Electronic Technology sector, which includes brands like Texas Instruments and Apple.
“There’s so much money to be made in making the population fearful of its individual security.” – Caroline Light, Harvard professor whose field of study includes “America’s love affair with armed self-defense”
And already …
Police say a man in Albuquerque, New Mexico, who armed himself with a shotgun “due to the coronavirus that was going around,” unintentionally killed his 13-year-old cousin, believing it wasn’t loaded.
In Ann Arbor, Michigan, a dispute between roommates over coronavirus restrictions led one to shoot and kill the other in self-defense, authorities said.
A man in North Carolina killed his wife and five other family members before turning the gun on himself.
A roving active shooter killed four people, including a police officer, and wounded a civilian and another officer in Missouri.
“They’re guarding their toilet paper, pretty much.” – Marty Patterson, assistant manager of National Armory in Moon, Pennsylvania, on the surge of coronavirus-related gun-buying.
We don’t need a virus to kill us … we’re just going to kill each other.