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Taser International, Inc. Shares Rocket As 2nd Police Shooting Rattles Nerves

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Mark Melin
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As the police shooting of another African-American takes place literally a few miles from the site of the Michael Brown shooting near St. Louis, MO Tuesday, shares of TASER International, Inc. (NASDAQ:TASR) rocketed higher for the third straight day.

Taser International, Inc. Shares Rocket As 2nd Police Shooting Rattles Nerves

TASER International's stocks climb 9%

TASER International, Inc. (NASDAQ:TASR)'s stock climbed 9 percent today along as Ferguson, MO officials announced they are raising funds to procure dash and vest cameras for Ferguson police officers, according to a report.

Tuesday's boost in the stock price comes as The Wire posted the announcement...

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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.