Investors in the firearms sector determine the impact of Trump's assassination attempt and election

There is a possibility that the firearms sector will be more active than normal on Monday in response to the attempted assassination of President Donald Trump. The presidential candidate said “it's fine,” but bystanders died at the rally. Investigations are ongoing as to how the culprit with an AR-style rifle was able to shoot multiple shots from a high position.

In an election year, it is common for firearms stocks to fluctuate greatly, especially during the 3 to 4 months just before the election. Investors took positions in this sector due to increased and decreased risk of firearms legislation and expectations for increased consumer demand. Donald Trump's victory in the presidential election and the possibility that the Republican Party will take the parliament by storm has recently increased (based on the PredictIT betting market and British bookmakers) may also have an impact on how investors view the firearms sector in the short term.

Firearm sales have declined, peaking in 2020. While approximately 1.3 million guns were sold per month in 2024, 1.4 million guns were sold per month in 2023.

There are stocks that reacted in the first few trading sessions after serious mass shootings occurred in the US in the past. There are various degrees of exposure to the firearms industry) Smith & Wesson (NASDAQ: SWBI), Sturm Ruger (NYSE: RGR), Vista Outdoors (VSTO), Sportsman's Warehouse (SPWH), Ammo (POWW), ammunition manufacturer Olin Corporation (OLN), outdoor retail American Outdoor Brands (AOUT), and Dix Sporting Goods, which sells hunting equipment ( DKS), sound sinking (SSTI) for firearm detectors, retail Academy Sports & Outdoors (ASO), etc.