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Bump-Fire Stock Prices Double, Thanks to the NRA

Breaking with tradition, the firearms lobby comes out in favor of regulation for a device that helped kill 59 people in Las Vegas.

Bump-fire stocks experienced a further boost in prices after the National Rifle Association announced that the devices, which allow semi-automatic weapons to fire as if they were automatic, should be subject to more stringent federal regulation. A dozen bump stocks were found in the hotel room of Stephen Craig Paddock, who allegedly killed almost 60 people and injured more than 500 others when he opened fire on the Route 91 Harvest concert in Las Vegas Sunday night. Paddock was perched in a 32nd floor hotel room at the Mandalay Bay Resort overlooking the event, police said. He was killed when officers burst into his room.

Concern that bump stocks would be outlawed spurred gun enthusiasts to flood retailer websites and secondary markets, much the way traditional gun sales often rise following massacres. On GunBroker.com, a firearms auction platform, prices for bump stocks were at double and triple the retail cost.