Shares of prison and firearm stocks are trading higher following the attempted assassination of Donald Trump, which has lifted stocks that could benefit from a Trump presidency on Monday.
Portfolio Pulse from Benzinga Newsdesk
Shares of prison and firearm stocks are trading higher following the attempted assassination of Donald Trump, which has lifted stocks that could benefit from a Trump presidency.
July 15, 2024 | 1:19 pm
News sentiment analysis
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POSITIVE IMPACT
CoreCivic (CXW) shares are trading higher following the attempted assassination of Donald Trump, as investors speculate on potential benefits from a Trump presidency.
CoreCivic, a private prison company, is seeing a rise in its stock price as investors speculate that a Trump presidency could lead to policies favorable to the private prison industry.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
AMMO, Inc. (POWW) shares are trading higher following the attempted assassination of Donald Trump, as investors anticipate increased demand for firearms and ammunition.
AMMO, Inc., a manufacturer of ammunition, is experiencing a stock price increase as investors predict a surge in demand for firearms and ammunition in light of the political climate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Sturm, Ruger & Company (RGR) shares are trading higher following the attempted assassination of Donald Trump, as investors foresee a rise in firearm sales.
Sturm, Ruger & Company, a major firearm manufacturer, is seeing its stock price rise as investors anticipate increased firearm sales due to heightened political tensions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Smith & Wesson Brands, Inc. (SWBI) shares are trading higher following the attempted assassination of Donald Trump, as investors expect a surge in firearm demand.
Smith & Wesson Brands, a leading firearm manufacturer, is experiencing a stock price increase as investors predict a surge in demand for firearms amid political uncertainties.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80