Skip to content
Search AI Powered

Latest Stories

Gun Manufacturer Stocks Are Dropping, and It's All About the NRA

Gun Manufacturer Stocks Are Dropping, and It's All About the NRA
ATLANTA, GA - APRIL 28: Wayne LaPierre, executive vice president and CEO of the NRA, speaks at the NRA-ILA's Leadership Forum at the 146th NRA Annual Meetings & Exhibits on April 28, 2017 in Atlanta, Georgia. The convention is the largest annual gathering for the NRA's more than 5 million members. (Photo by Scott Olson/Getty Images)

What a shame.

Among the greatest national shames is the United States' mass shooting epidemic. As of November 8th - the 312th day of the year - there had been 307 mass shootings in the country. A majority of Americans support stricter gun laws, but the National Rifle Association, in donating tens of millions of dollars a year to Republican candidates, has kept enough lawmakers at its disposal to halt any meaningful legislation to remedy the problem.

Now, it looks like Americans may finally be wising up.


The NRA reported losing nearly $55 million in donations over the course of 2017, and now Yahoo News is reporting that gun manufacturers are subsequently taking a hit as well, with even the most formidable companies seeing a drop in the value of their shares.

Sturm, Ruger & Company, the largest gun manufacturer in the US, fell 1.3% Tuesday. American Outdoor Brand Corporation, which owns the Smith & Wesson brand, saw a decline of 2.9%, and Vista Outdoor, which makes ammunition and rifle-scopes was down 3.9%. Olin, an ammunition manufacturer, however, saw a 0.6% increase.

Though many Republican politicians - including the president-are still in the pocket of the NRA - its influence in the political sphere hinges on the organizations overwhelming amount of donations to buy influence over the majority party. With less donations and falling stocks, their financial foothold may be beginning to weaken.

It's a promising start, but the efforts to mobilize and save lives aren't weakening.

Though the share values in the gun market may be dropping, it just might be possible that American values - like prioritizing self defense without fetishizing tools designed to kill - are on the rise.

After years of seeming insurmountable, this new momentum has many calling out the insidious relationship between the NRA and gun manufacturers.

But possibly even more than an economic shift against the gun market, a more gradual ideological one seems to be collectively occurring as well.

As young people born post-Columbine begin to emerge as adults, the majority are calling for stricter gun control laws after growing up in a culture fraught with active shooter drills and news of mass murders at the hands of gunmen.

After the Stoneman Douglas High School shooting in Parkland, Florida, students of the school quickly mobilized, using their platforms as survivors to bolster their platform and eventually catapulting them into the national spotlight as the newer, fresher faces of the gun control movement. Their activism led to a resurgence of faith in the voices of young people across the world.

Though the National Rifle Association has long used fear, misinformation, and death to turn a profit, the tide may finally be turning.

More from News

Wallace from 'Wallace & Gromit' with jam on toast; TikToker Joseph Herscher recreating the scene
Aardman Animations/BBC; @josephmachines/TikTok

TikToker Goes Viral For Creating Real-Life Version Of Infamous 'Wallace & Gromit' Contraption

From The Jetsons to The Pee-wee Herman Show, from Flubber and Casper to Wallace & Gromit, Gen-Xers and Millennials had endless examples of living life with ease, automation, and robotic assistance.

There were machines that could dress us, brush our teeth and hair, and make us breakfast, and we were fascinated with the possibilities behind living in such an assisted world.

Keep ReadingShow less
Screenshots from Fox News video of Camryn Kinsey and Jonathan Hunt
Fox News

Former Trump Official Faints And Falls Off Chair In Shocking Moment During Live Fox News Interview

It was sudden: Former Trump administration official and conservative pundit Camryn Kinsey collapsed mid-interview during a live segment on Fox News—and network host Jonathan Hunt, though horrified at first, tried to continue the segment as if nothing happened.

Hunt was interviewing Kinsey for a segment on former President Joe Biden’s recent media appearances when the incident occurred.

Keep ReadingShow less
John Oliver
@LateNightSeth/YouTube

John Oliver Hilariously Explains Why Having A UK Version Of 'SNL' Is A 'Terrible Idea'

John Oliver is not buying into the hype around a British version of Saturday Night Live.

During an appearance on Late Night with Seth Meyers on Monday, the English comedian made it clear: bringing SNLacross the Atlantic is, in his words, “a terrible idea.”

Keep ReadingShow less
Nancy Sinatra; Frank Sinatra; Donald Trump
Dave J Hogan/Getty Images; Ron Galella/Ron Galella Collection via Getty Images; Tasos Katopodis/Getty Images

Nancy Sinatra Shuts Down MAGA Fan Who Claimed Her Famous Dad Would've Voted For Trump

It's no secret that MAGA Republican President Donald Trump hasn't been able to attract the cream of the crop when it comes to the entertainment industry. While Kid Rock, Kevin Sorbo and Scott Baio are Trump ride or dies, pretty much every other Hollywood or music legend or rising star is taking a pass on Trump.

And some outright despise the man and let everyone know. Often.

Keep ReadingShow less
Pope Leo XIV; JD Vance
Simone Risoluti - Vatican Media via Vatican Pool/Getty Images; Jim Watson/AFP via Getty Images

MAGA Brands New Pope 'Woke' After His Past Tweet Criticizing JD Vance Resurfaces

After Cardinal Robert Prevost—a Chicago-born Roman Catholic Augustine cleric who ministered in Peru and later led the Vatican’s influential Bishops’ office—made history as the first American ever elected Pope in the Church’s 2,000-year history, a tweet from February resurfaced in which he shared an article criticizing Vice President JD Vance for "ranking" his love for others.

And MAGA is not happy about it.

Keep ReadingShow less