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

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.
Comments (1)
  • with all the class warfare proposed by the administration I would forecast a rise in gun sales.
    14 Sep 2011, 06:00 PM Reply Like
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