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It's not all positive. Gun makers Smith Wesson [SWHC, -16.13%] and Sturm Ruger [RGR, -14.44%] down massively on the day as Trump supporters won't be rushing out

by ddoran 10y ago

It's not all positive. Gun makers Smith Wesson [SWHC, -16.13%] and Sturm Ruger [RGR, -14.44%] down massively on the day as Trump supporters won't be rushing out to take arms against a Democrat government they refuse to recognize.

mikeyouse 10y ago
On the plus side, CCA (private prison company) is up 50% today.
- komali2 10y ago
  Yay. :/
gdulli 10y ago
It's more likely due to this: http://www.motherjones.com/politics/2016/11/gun-ballot-initiatives-passed http://www.motherjones.com/politics/2016/11/gun-ballot-initi...
- h4nkoslo 10y ago
  Gun control is great for gun sales - California for instance is seeing an unprecedented boom in the run-up to their legislation kicking in on Jan 1. The lack of gun control legislation prospectively coming from a President Trump, as opposed to HRC's platform of re-enacting the assault weapons ban etc., is driving those stocks lower.