Police Body Cam Makers Higher On South Carolina Shooting Incident

Loading...
Loading...
Shares of two makers of police body cameras gained Thursday in the wake of a police shooting in North Charleston, South Carolina, that stirred further talk of the companies' products.
Taser International, Inc.TASR
gained nearly 8 percent to $27.10, while the much smaller
Digital Ally, Inc.DGLY
picked up 10 percent recently, changing hands at $15.48. North Charleston Mayor Keith Summey on Wednesday
outlined plans
to acquire an additional 150 body cameras in addition to the roughly 100 cameras the city ordered in February. The city's earlier order used funds from a $75 million White House grant to help law enforcement agencies with the purchase of about 50,000 cameras nationwide. White House Press Secretary Josh Earnest
said Wednesday
the event is an "example of how body cameras worn by police officers could have a positive impact in terms of building trust between law enforcement officers and the communities that they serve." Separately, Taser on Thursday
announced
the purchase of 178 body-worn video cameras by the City of London Police Department. The order shipped in the first quarter of 2015.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsIntraday UpdateMoversbody camsJosh EarnestKeith SummeypoliceSouth Carolina
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...