Popular firearm stocks grow after Orlando shooting, sales in Hat - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

Popular firearm stocks grow after Orlando shooting, sales in Hattiesburg remain the same

photo credit: WDAM photo credit: WDAM
photo credit: WDAM photo credit: WDAM
HATTIESBURG, MS (WDAM) -

After the deadly Orlando shooting, stocks in popular firearm companies are increasing, but local gun shop owners in Hattiesburg said this is not the case.

Shares of Smith & Wesson and Sturm Ruger have increased by 6.9 percent and 8.5 percent after the Orlando shooting.

However, in Hattiesburg Leaf River Sports owner Louis Swartz said people are not rushing into his store yet.

“We still sell a lot of guns but not as much as we had in 2013,” Swarts said. 

Swarts said this increase was right after the Sandy Hook shooting.

According to the New York Times, about 2 million guns were sold at that time.  

"There was shortage it was hard to replace them once you sold them,” Swarts said. 

Other gun sellers like Robert Ulmer said they have not seen an increase either, but expect to see more if politicians start talking about gun control laws.

 “They’re going to stir up the fear because it’s always right under the surface (and) it’s always the fear of citizens losing their gun rights to the second amendment,” Ulmer said. 

Ulmer said when there is a sales increase, the most popular guns are AR-15 and AK-47’s.

The New York Times study also showed that gun sales increase when politicians talk about stricter gun-buying laws.

In December, 1.5 million guns were sold after President Barack Obama called on Congress to limit the ability to purchase assault weapons after the terrorist attack in San Bernardino, California. 

With the recent tragedy, President Obama opened up discussions again about gun control and terrorism.

“Stop making it easy as possible for terrorists to buy assault weapons, reinstate the assault weapon ban make it harder for terrorists to use these weapons to kill us,” Obama said. 

For now, gun sales are remaining steady in Hattiesburg, and the gun shop owners said they have not seen an increase in sale during the past few days.

Copyright 2016 WDAM. All rights reserved. 

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