Gun stocks rose Monday following the deadliest mass shooting in American history late Sunday night. Instead, gun sales climbed during the Obama administration's two terms as gun aficionados bought more firearms just in case rules changed at a national level or in individual states controlled by Democrats. Trump's win removed those fears, and gun company sales and profits have plunged as a result. Related: Trump may open up exports of American gunsThe weak gun sales are having an impact on the sporting goods industry as well. Gun sales have also dropped at Cabela's, which was recently acquired by Bass Pro Shops.

Source: CNN October 02, 2017 13:53 UTC