Trading algorithm shows how mass shootings, politics boost gun shares


  • World
  • Friday, 05 Feb 2016

(Reuters) - A stock-trading algorithm built for Reuters highlights the correlations among gun purchases, mass shootings and the politics of gun regulation.

With the benefit of hindsight, the Boston-based hedge fund Quantopian examined how a theoretical investor would have fared by investing equal amounts in Smith & Wesson Holding Corp and Sturm Ruger & Co after 20 events that impacted the companies’ sales or stock prices.

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