Boston, MA 08/25/2014 (wallstreetpr) – How many times do people complain that cops have done or said something wrong, but they go unnoticed? Seems like it won’t happen in the future. According to reports, the protest in Ferguson, MO has taken a new shape. One of the suggestions that have come out from this protest is about wearing cameras. Police officers will now have to wear cameras so that their interaction with the public can be monitored. As soon as this news came out, the shares of TASER International, Inc. (NASDAQ:TASR) increased amazingly.
Why TASR:
TASER International, Inc. (NASDAQ:TASR)is one of the well-known companies in the field of video surveillance equipment production. August 9, 2014 was the day when Mike Brown was shot dead by a police officer named Darren Wilson in Ferguson, MO. The event did not go unnoticed, and people started protesting against the cruel act of that cop. Since August 9, 2014 people started requesting the government to make cops wear cameras so that their talks and acts with public can be monitored. TASR and Digital Ally, Inc. (NASDAQ:DGLY) are two major companies that make cameras and other video surveillance products.
The shares of Digital Ally, Inc. (NASDAQ:DGLY) jumped by 100% between August 9, 2014 and August 25 and touched $7.86 per share. Shares of TASER International, Inc. (NASDAQ:TASR)also got a significant hike of 25% during the same time and touched an eye-popping figure of $15.55. According to Digital Ally, Inc. (NASDAQ:DGLY), the enquiries about both the companies and their products have increased over the last couple of weeks.
Carlos Gimenez, Mayor of Miami-Dade county, has already assured the public that he would make it mandatory for all the cops to wear body cameras in the working hours. Recently, when he was at a town hall, he said, “I want a camera on each police officer. A lot that happened could be avoided had the policeman had a camera on his body that day.”
