Gun stocks gain following conservative activist Charlie Kirk's fatal shooting

Outdoor Holding

11/09/2025 10:39

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** Gun stocks rise premarket extending previous session's rally after U.S. conservative activist Charlie Kirk, an influential ally of President Donald Trump, was fatally shot on Wednesday

** Firearms-related stocks often rise following public shootings, driven by expectations that people may increase gun purchases in anticipation of tighter regulations

** Gun maker Smith & Wesson Brands SWBI.O rises 4.7%, while Outdoor Holding POWW.0 gains 3.3%

** Donald Trump Jr.-backed gun retailer GrabAGun PEW.N rise 3%

** At the moment he was shot, Kirk - a staunch advocate of the Constitution's Second Amendment right to bear arms, was responding to a question about gun violence - according to multiple videos of the event posted online

 (Reporting by Sanchayaita Roy in Bengaluru)