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

Mark Robinson; Donald Trump
Andrew Harnik/Getty Images; C-SPAN

Video Of All The Times Trump Praised Mark Robinson Resurface After Scandal

After a scandal broke exposing disturbing remarks made by North Carolina Lieutenant Governor Mark Robinson, video of former President Donald Trump went viral thanks to the efforts of Vice President Kamala Harris' campaign.

Robinson—who polls show trails behind Democratic nominee Josh Stein, the current Attorney General—pledged on Thursday to stay in the race despite a CNN report alleging he made explicit racial and sexual comments on an online message board, stating he won’t be pushed out by "salacious tabloid lies."

Keep ReadingShow less

People Divulge The Biggest Secret They're Keeping From Their Partner

When it comes to romantic relationships, we have all been told that there should never be secrets between us and our romantic partners.

But sometimes, those have to be small, harmless secrets that have nothing to do with dark subjects like affairs, secret identities, or even blatant lies.

Keep ReadingShow less
Motorcycle gang
Tony Pham/Unsplash

People Confess Which Things They Thought They Were Into Until They Tried Them

They say the grass is always greener on the other side, but that notion doesn't necessarily sink in for a lot of people unless they cross the threshold.

Since there is nothing to be gained without venturing into the unknown, we partake in the very thing we're curious about in the hopes of enlightenment.

Keep ReadingShow less
Nicola Coughlan at Emmys
Frazer Harrison/Getty Images

'Bridgerton' Star Praised For How She Handled Rude Treatment On Emmys Red Carpet

Everyone enjoys looking back on a good first time: your first sleepover, your first kiss, your first walk down the red carpet at the Emmys...

Even if we don't all experience the luxury of walking down the red carpet, we can all empathize with a first time being tarnished with someone else's bad behavior, like someone pulling a prank at that sleepover.

Keep ReadingShow less
Donald Trump; P. Diddy
Ian Maule/Getty Images; John Lamparski/WireImage

Trump's Old Photos With Diddy Resurface After His Arrest—And Everyone Has The Same Thought

Former President Donald Trump is being called out for several resurfaced photos with rapper and music mogul Sean "P. Diddy" Combs, who was arrested in New York on Monday for sex trafficking, racketeering, and transportation to engage in prostitution.

Combs, who pleaded not guilty to the charges in court Tuesday afternoon and faces a life sentence if convicted, was denied bail and will remain in federal detention.

Keep ReadingShow less