Gunmaker Stocks Soar at Prospect of Biden Victory

Stocks of gunmakers have soared at the prospect of a Joe Biden presidency, with sales of physical firearms also likely to follow suit in response to the risk of the Second Amendment coming under attack.

After initially tumbling on Wednesday at the likelihood of Trump gaining re-election, gun stocks have staged a dramatic rise over the last 48 hours.

“This should not be a total surprise since we have warned for months that Americans across even the most liberal states were panic-hoarding guns and ammo,” reports Zero Hedge. “Weapon background checks surged to record highs, rose 79% year-over-year over the summer amid pandemic fears and violent social unrest gripping major metros.”