With every mass shooting incident in the US calls for stricter gun control legislation grow. But paradoxically, mass shootings also lead to a surge in purchases of firearms, as Americans arm up for their own safety and over concerns that certain types of guns may become harder to purchase in the future.

Stockpiling guns and gun stocks

As consumers stockpile firearms in the wake of shooting massacres, investors also pile into stocks of gun manufacturers.

On May 25, the share prices of gun manufacturers shot up after an armed 18-year-old stormed a public elementary school in Uvalde, Texas, shooting dead 19 children and two teachers.

Stocks of these companies have also risen since US President Joe Biden took office as tougher gun policies get more attention under Democratic administrations.

Loose regulations

Gun debate drags on

Despite the number of mass shootings (and gun violence in general), Americans and lawmakers remain polarized over gun control laws. Senators recently noted that efforts to pass bipartisan legislation are making progress as Republicans appear to be more amenable to changing the laws.

A recent Reuters/Ipsos poll of 940 people conducted online has found that nearly two-thirds of Americans support moderate or strong curbs on gun ownership, including 53% of Republicans. The poll was conducted a day after the Uvalde shooting.