Unions, states, universities, et al that divest themselves of gun stocks, oil stocks, etc. may feel better about doing so but are foolish to believe the companies are influenced in any way. Stockholders can influence a company's actions but outsiders cannot, and they have made themselves outsiders. Not to mention that most of these "evil corporations" are quite profitable and benefit the the funds that now reject them. Seems to me the funds are guilty of fiduciary malpractice.