4.7 • 9.2K Ratings
🗓️ 27 May 2022
⏱️ 9 minutes
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0:00.0 | NPR. |
0:11.5 | This is the indicator for Planned Money. |
0:12.8 | I'm Adrian Ma. |
0:14.0 | And I'm Wayland Wong. |
0:15.4 | Like a lot of people, we have been thinking about the horrific recent mass shootings that |
0:20.0 | took place in the last couple of weeks in Buffalo, New York and Uvalde, Texas. |
0:25.0 | And as always, after one of these things, there is a lot of talk. |
0:29.4 | There's a lot of talk about what this means for gun control, from activists and experts |
0:34.0 | and politicians. |
0:35.8 | But you know what else talks? |
0:37.6 | Money talks. |
0:38.9 | So for this indicators of the week, we're going to focus on that, the money. |
0:43.0 | Specifically, the money flowing to gun-related stocks and the money trying to avoid them all |
0:48.1 | together. |
0:49.6 | More on that after the break. |
0:52.0 | So Adrian, to start off, let's talk about the money going into gun-related stocks. |
0:56.6 | OK, so my indicator is 10.6%. |
1:00.2 | As of taping this Friday afternoon, 10.6% is the increase in the stock price for Smith |
1:05.4 | and Wesson. |
1:06.8 | And we're talking about the change since the close of trading on Tuesday, which is the |
1:10.7 | same day as the shooting in Uvalde. |
1:13.4 | And since then, you can actually find other publicly traded, firearm-related stocks that |
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