Taser International, Inc. Stock Soars By Ferguson News

HFA Padded
Mark Melin
Published on
Updated on

There might be a beneficiary to the apparent increased militancy of the US police establishment, as first witnessed in the Ferguson, Mo police shooting and related riots: TASER International, Inc. (NASDAQ:TASR). Taser stock up 8% due to increase in demand of wearable police cameras Reports that shares of the stock were up 8 percent today on the back of strong gains of 10 percent Friday centered on potential increased demand for wearable police cameras. While analysts are chalking up the rise in the stock to the event in Fergson, where an unarmed man was apparently shot while facing an officer,…

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.