Security stocks gain on election unrest jitters

Vislink Technologies

02/11/2020 18:22

** Shares of security services cos gain as tensions rise
heading into the election, with many worried the results may be
contested or spark violent protests
    ** Retailers such as Nordstrom  JWN.N  have boarded up and
secured their stores as security experts warn that the U.S.
presidential election could spark renewed civil unrest
 urn:newsml:reuters.com:*:nL1N2HA1JH    
    ** Shares of Digital Ally  DGLY.O , maker of body cameras
for law enforcement, rally more than 35% on Mon. DGLY last up
26.9%
    ** Cemtrex Inc  CETX.O , provider of video surveillance
systems, sees its stock on Mon jump >15% and halted for
volatility. CETX has resumed trading and last up 7.4%
    ** In contrast, shares of Axon Enterprises Inc  AAXN.O ,
which makes tasers along with cloud and mobile products to
review body camera footage, currently off 1.7%
    ** On Fri, gun stocks fell after Walmart  WMT.N  initially
said it pulled firearms and ammunition from store floors last
week amid civil unrest, though the retailing giant ultimately
reversed its decision saying "current incidents have remained
geographically isolated"  urn:newsml:reuters.com:*:nL4N2HL5BG

 (Lance Tupper is a Reuters market analyst. The views expressed
are his own.)
 ((lance.tupper.tr.com@reuters.net
lance.tupper@tr.com))