US arms companies rise on the rise



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(MENAFN) US stocks rose Monday on the New York Stock Exchange, after a two-day US shootout that claimed the lives of 30 people.

American Outdoors Brands, maker of Smith & Wesson pistols, grew by 7.5%, while Vista Out, manufacturer of ammunition and other weapons-related products, grew by 2%.

Starmger & Co increased by 3.8%.

In the United States, sales of firearms and ammunition would be booming following mbadive shootings, caused by tensions over future weapons restrictions, meaning that a weapon will be preceded by complex procedures, according to Bloomberg.

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