Smith and Wesson stocks plummeted, dipping a dramatic 12 percent at the close of Friday, after the company unveiled plans to shift its focus towards the rugged, outdoor and accessories market.
Smith & Wesson reported an increase of more than $26 million in second quarter earnings, continuing an upward trend in revenue for the company this year.
She thinks every women needs to get her gun permit. Her’s stays under her pillow.
Flagg served two years in prison and completed a five-year parole before police found him in possession of a 9mm handgun and .22-caliber assault rifle.
Gun sellers are reporting businesses is slowing down post-election as fears of gun control wane and customers no longer feel the pinch to stock up on guns.
Gun stocks fell Wednesday morning after Republican nominee Donald Trump secured the US presidential election, becoming the 45th President.
While gun groups release a sigh of relief and the stock price for gun companies remain steady, global markets plunged overnight as well U.S. markets before trading began Wednesday morning.
To fit its broader enterprise, board members for the iconic company Smith & Wesson have proposed changing the company’s name to American Outdoor Brands Corporation.
The IRS loaned a prized gun belonging to Al Capone to the Mob Museum in September. Only problem? It was the wrong gun.
Continuing its expansion in the more lucrative outdoor market, Smith & Wesson announced Friday the $34 million acquisition of the survival equipment company.