Gun Companies Taking the Blame for Mass Shootings (SWHC) (RGR) (ATK)
December 17, 2012 1:20 pm
The second amendment to the United States Constitutions states as follows:
A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
There have been heated debates as to how the government should regulate this amendment which have at one time included:
- Banning Hollow Point Bullets capable of penetrating bulletproof vests
- Waiting periods imposed for the sale of handguns in order to complete background checks
- Ban on the sale of specific assault weapons
- Concealed weapons bans
- and many others
However, the trouble remains as America contends with mass shootings. As we recently witnessed last Friday, a gunmen entered a school killing more than 20 innocent children and adults as well as injuring a few others. Gun companies such as Smith & Wesson (SWHC), Sturm Ruger (RGR) and Alliant Techsystems (ATK) take some of the blame as their stock’s price declines. The fear for investors in these companies is increased regulation thus inhibiting the fluid transaction of gun sales. Below we take a look at how these companies have fared after the horrific shootings over the past decade.
(Click to Enlarge)
*Red indicates shootings with 10 or greater deaths while yellow includes deaths of 8 or greater.
**All statistics do not include the gunmen if they killed themselves after the fact.