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Gun stock soars after Orlando tragedy

INDIANAPOLIS (WISH) – Shares of gun companies and makers of ammunition soared Monday after the deadly shootings in Orlando.

Stocks in Sturm Ruger, Smith and Wesson and Vista Outdoor, a maker of ammunition, also gained.

Stocks of gun companies typically rise after shooting attacks amid anticipation that the incidents could prompt some Americans to buy weapons for self-protection.

For more business headlines, watch Jane King weekdays on Daybreak.