Americans' Security Fears Stoke Gun Sales
Source: nbcnews.com
Dec 7 2015, 7:15 pm ET
Americans' Security Fears Stoke Gun Sales
by Martha C. White
Worries about personal safety and possible regulatory restrictions are sending gun sales and firearm manufacturers' stock prices up. Analysts say events like the terrorist attacks in Paris and last week's shootings in San Bernardino are prompting Americans — including a growing number of women — to buy more guns.
Shares of Smith & Wesson, who manufactured one of the guns used in Wednesday's attack, are up nearly 6.5 percent today ........................
This wasn't a one-day aberration: Using adjusted data from the FBI's National Instant Criminal Background Check System, the National Shooting Sports Foundation said background checks this November rose 8 percent compared to last November.
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..................In fact, rifle sales actually fell 3.5 percent in November from the previous year, Ruttenbur said.
"It's primarily small, inexpensive handguns that are flying off the shelves," he said. "Handguns were up 22.5 percent for month of November, and that's the second biggest November ever," he said. ......................
Read more: http://www.nbcnews.com/business/consumer/americans-security-fears-stoke-gun-sales-n475596
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