Investing
Gun and Ammo Sales Surge Amidst Calls for Assault Weapons Bans
Published:
Last Updated:
Gun and ammo sales have surged, so say several surveys. This is happening at the same time as politicians start to offer gun control legislation and many Americans press for assault rifles to be taken out of circulation. Apparently, some Americans still believe that to fight guns, they need more guns of their own.
No matter what the reason, the total number of firearms held by U.S. citizens has soared since the Newtown massacre. According to Bloomberg:
Wal-Mart, the world’s largest retailer, said yesterday that it would continue to sell guns, including rifles like the one used at Newtown, where 26 people, most of them children, were killed on Dec. 14. By contrast, Dick’s Sporting Goods Inc. suspended sales of similar guns at its more than 500 stores.
Searches of five kinds of semi-automatic rifles on Wal-Mart’s website showed them to be out of stock at stores in five states, including Pennsylvania, Kansas and Alabama. Wal-Mart doesn’t sell guns online, instead asking customers to input a zip code to see if their local store carries a specific weapon.
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
