U.S. Supreme Court Reinstates Biden Administration Curbs On Privately-Made 'Ghost Guns'
Portfolio Pulse from Happy Mohamed
The U.S. Supreme Court has reinstated the Biden administration's restrictions on privately-made 'ghost guns'. This decision could impact the firearms industry, including companies such as Axon Enterprise Inc (AXON), Digital Ally Inc. (DGLY), Olin Corporation (OLN), Sturm, Ruger & Company, Inc. (RGR), Smith & Wesson Brands, Inc. (SWBI), and Vista Outdoor Inc. (VSTO).
August 08, 2023 | 4:33 pm
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NEGATIVE IMPACT
Axon Enterprise Inc could be impacted by the reinstated restrictions on 'ghost guns'.
As a company in the firearms industry, Axon Enterprise Inc could see a negative impact on its stock price due to the reinstated restrictions on 'ghost guns'.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Digital Ally Inc. could be impacted by the reinstated restrictions on 'ghost guns'.
As a company in the firearms industry, Digital Ally Inc. could see a negative impact on its stock price due to the reinstated restrictions on 'ghost guns'.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Olin Corporation could be impacted by the reinstated restrictions on 'ghost guns'.
As a company in the firearms industry, Olin Corporation could see a negative impact on its stock price due to the reinstated restrictions on 'ghost guns'.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Sturm, Ruger & Company, Inc. could be impacted by the reinstated restrictions on 'ghost guns'.
As a company in the firearms industry, Sturm, Ruger & Company, Inc. could see a negative impact on its stock price due to the reinstated restrictions on 'ghost guns'.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Smith & Wesson Brands, Inc. could be impacted by the reinstated restrictions on 'ghost guns'.
As a company in the firearms industry, Smith & Wesson Brands, Inc. could see a negative impact on its stock price due to the reinstated restrictions on 'ghost guns'.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Vista Outdoor Inc. could be impacted by the reinstated restrictions on 'ghost guns'.
As a company in the firearms industry, Vista Outdoor Inc. could see a negative impact on its stock price due to the reinstated restrictions on 'ghost guns'.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70