NEW YORK (CNNMoney)
As the protests continue in Ferguson, Missouri, over the police shooting of Michael Brown, shares of Taser International (TASR)have soared 28%.
The company is most well-known for its taser guns that shock people, but it also makes wearable video cameras used by law enforcement.
Investors are betting that allegations of heavy-handed police tactics during the Ferguson conflict will spur sales of the video cameras.
The thinking is simple: If the film is rolling, a record will be made of any officer who engages in police brutality. At the same time, the videos could provide another layer of credibility for police by showing what they are seeing when they are out on patro
http://money.cnn.com/2014/08/18/inve...&iid=obnetwork
As the protests continue in Ferguson, Missouri, over the police shooting of Michael Brown, shares of Taser International (TASR)have soared 28%.
The company is most well-known for its taser guns that shock people, but it also makes wearable video cameras used by law enforcement.
Investors are betting that allegations of heavy-handed police tactics during the Ferguson conflict will spur sales of the video cameras.
The thinking is simple: If the film is rolling, a record will be made of any officer who engages in police brutality. At the same time, the videos could provide another layer of credibility for police by showing what they are seeing when they are out on patro
http://money.cnn.com/2014/08/18/inve...&iid=obnetwork