Video Game Stocks Tumble as President Trump Blames Games for Mass Shootings
Well it seems President Trump and the far right are quick to blame the two recent mass shootings on anything but white supremacy running amok.
President Trump implicated video games in the recent Texas and Ohio mass shootings, subsequently causing video game related stocks to tumble in the market.
Trump said, “We must stop the glorification of violence in our society. This includes the gruesome and grisly video games that are now commonplace.”
Shares of Zynga, Electronic Arts, and Take Two Interactive, all saw losses of at least 4% while Activision Blizzard fell over 6%.
House Minority Leader Kevin McCarthy, a Republican from California, also implicated video games in the shootings, which killed 31 people, while appearing on Fox News over the weekend.
“We’ve watched from studies, shown before, what it does to individuals, and you look at these photos of how it took place, you can see the actions within video games and others,” said Mr. McCarthy.
Certainly not everyone agrees. Even the Supreme Court doesn’t. “These studies have been rejected by every court to consider them, and with good reason: They do not prove that violent video games cause minors to act aggressively,” Antonin Scalia wrote in the majority opinion.
“They show at best some correlation between exposure to violent entertainment and minuscule real-world effects, such as children’s feeling more aggressive or making louder noises in the few minutes after playing a violent game than after playing a nonviolent game.”
Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.