Dick’s Sporting Goods Inc. has suspended sales of rifles similar to the one used at Sandy Hook school at its more than 500 stores. Wal-Mart has not.
The media is reporting brisk sales of guns since the Conn. school shooting where 20 children were killed after being shot multiple times with a semi-automatic rifle.
Bloomberg did online searches of five kinds of semi-automatic rifles on Wal- Mart’s website showed them to be out of stock at stores in five states, including Pennsylvania, Kansas and Alabama. I did a search for Colt LE6920 Carbine Semi-Auto Rifle and the Sig Sauer M400 with Prismatic Scope at our local stores–they are out of stock, too.
The chain advertised the Sig Sauer M400 as one of its Black Friday doorbusters last month, offering the rifle for $50 off at $867.
According to Bloomberg, E-Bay auctions have seen gun magazines jump up in price. The current bid for four Glock handgun magazines, ammunition for one of the guns used at Newtown, is $118.37 compared with $45 on the day before the shooting. The bid for seven Glock magazines hit $201 on Dec. 17 from $71.01 before the massacre.