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Stock bumps show that public market investors are betting on companies selling tech to the police, as protests erupt across the US

2 monthes ago   |   By Business Insider

Investors are betting on companies that sell tech to the police, after a weekend of demonstrations and clashes between protestors and law enforcement.
Digital Ally, a company that makes body-cams and in-car video solutions, saw its stock go up 76%. Wrap Technologies, which sells suspect-capture devices , saw gains of over 20%.
The stock gains suggest that investors don't appear to be nervous about the growing calls to de-fund police departments that are beginning to circulate across the country.
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