Smith & Wesson (SWHC) +13.6% premarket after the company says it plans to sell off its...

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

Smith & Wesson (SWHC) +13.6% premarket after the company says it plans to sell off its perimeter security business to focus on its core gun manufacturing business. Perimeter security has deteriorated significantly since the unit's 2009 acquisition in part because of reduced government spending, CEO James Debney says.