Smith & Wesson (SWHC) closed up 6.4% after the gun manufacturer raised FY12 guidance...

|About: Smith & Wesson Holding Corp... (SWHC)|By:, SA News Editor

Smith & Wesson (SWHC) closed up 6.4% after the gun manufacturer raised FY12 guidance yesterday afternoon, less than a week after lowering it. Shares may have also been lifted by a note from Anondale Partners' Bret Jordan, who claims the amending of change-of-control contracts for executives demonstrate the company is positioned for a takeover.