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Monday, June 1, 2020

Investors make a break for the civil unrest trade

Gun-related stocks are soaring after a weekend of civil unrest in the U.S.
American Outdoor Brands (NASDAQ:AOBC) is up 22.67% and Sturm, Ruger (NYSE:RGR) is 8.68% higher. Retailer Sportsman’s Warehouse Holdings (NASDAQ:SPWH) is 4.57% higher, Vista Outdoor (NYSE:VSTO) is showing a 12.15% gain and ammunition maker Olin (NYSE:OLN) is 3.91% higher. Meanwhile, taser maker Axon Enterprises (NASDAQ:AAXN) is rallying 8.98% and Big Five Sporting Goods (NASDAQ:BGFV) is up 8.60%.
Also on the move are gunshot detecting firm ShotSpotter (NASDAQ:SSTI) +3.40% and remote handcuff player Wrap technologies (NASDAQ:WRTC) +8.77%. On the homefront, ADT (NYSE:ADT) is 14.41% higher on the expectation for more home security business.
https://seekingalpha.com/news/3578986-investors-make-break-for-civil-unrest-trade

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