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NEU Senior Industrial Organiser
Gun companies' profits soar in the wake of the Las Vegas massacre
We can always count on capitalism to take advantage of every situation, even mass murders, writes JOHN WOJCIK

AS USUAL after a horrific mass shooting in the United States, shares of gun stocks rose yesterday after at least 59 people in Las Vegas joined the ever-growing list of casualties of mass shootings, this time the deadliest in US history.

The value of  Sturm, Ruger and Co stock, according to CNBC, briefly rose more than 4.5 per cent while American Outdoor Brands Corporation — formerly Smith & Wesson — rose more than 3 per cent.

Stephen Paddock, age 64, of Mesquite, Nevada, opened fire late on Sunday night from the 32nd floor of his hotel room into a crowd at a concert on the Las Vegas strip, killing 59 and injuring 527 at the time of writing.

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