Digital Ally And Taser Shares Are Up, But How Are Peers Doing?
Since August 8, the day before the police shooting in Ferguson, Missouri, Taser shares have moved up more than 115 percent and Digital Ally is up 363 percent.
While Taser and Digital Ally have been frequently cited in the press as police departments seek to find new means of surveillance and defense, other firms are also trading higher amid the recent news.
Image Sensing Systems, Inc. (NASDAQ: ISNS), which develops video and image processing equipment for law enforcement, soared over 250 percent after August 8 before pulling back after September 3. The stock is up 30 percent since August.
Shares recently traded Wednesday at $2.85, up 4.4 percent on the day.
Xenonics Holdings Inc (OTC: XNNH) manufactures night-vision systems and is up more than 122 percent since August and approximately 200 percent since June.
Lamperd Less Lethal Inc (OTC: LLLI) designs weapons to incapacitate opponents and spiked in August before falling in September, but is still up over 120 percent since August.
Shares recently traded at $0.115, up 5.6 percent.
Digital Ally posted the greatest gains Wednesday and recently traded at $15.67, up 5.88 percent.
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