Uncertainty caused by the Covid-19 pandemic, the global oil price collapse and the recent large-scale rioting in US cities has led to a dramatic increase in the stock price of some gun companies. On Monday 1 June, the value of Smith & Wesson shares jumped by 28 per cent. This builds on the already large gains made by most gun manufacturers during May. Smith and Wesson’s share price has risen from just over $8 a year ago to somewhere close to $14 currently.