-"A recent surge in consumer demand for small arms ammunition – the onset of which perfectly coincided with the Russian invasion of Ukraine on Feb. 24, 2022," AMMO, Inc., a US-based ammunition and components manufacturer, said in a press release Friday.
Los Angeles-based Ammo reports between Feb. 24 and Mar. 10 that revenues surged 166%, and transactions are up 110% over the previous two weeks. Website traffic for the period is up 59%.
Learn More: https://www.zerohedge.com/personal-finance/americans-panic-hoard-ammo-wake-russian-invasion-ukraine
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