Stock bumps show that public market investors are betting on companies selling tech to the police, as protests erupt across the US
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. Visit Business Insider's homepage for more stories . Investors are betting on an uptick in police spending on tech, as protests continue to erupt across the country. Digital Ally, a company selling police body cameras, saw its stock surge a whopping 76% on Monday. It wasn't alone. Wrap Technologies, a company that sells suspect-capture devices and other tech solutions to the police, began to tick up before the weekend. On Monday, when the company announced that it had raised $12.4 million in a direct public offering, the company's stock jumped more than 20%.
Stock bumps show that public market investors are betting on companies selling tech to the police, as protests erupt across the US
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. Visit Business Insider's homepage for more stories . Investors are betting on an uptick in police spending on tech, as protests continue to erupt across the country. Digital Ally, a company selling police body cameras, saw its stock surge a whopping 76% on Monday. It wasn't alone. Wrap Technologies, a company that sells suspect-capture devices and other tech solutions to the police, began to tick up before the weekend. On Monday, when the company announced that it had raised $12.4 million in a direct public offering, the company's stock jumped more than 20%.