Smith & Wesson Shares Crash After Earnings Miss Shows Panic-Hoarding Guns Is Over
Dec 3rd 2021 10:00am EST
Smith & Wesson Shares Crash After Earnings Miss Shows Panic-Hoarding Guns Is Over Smith & Wesson Brands, Inc. shares crashed on Friday after the company’s Q2 earnings report missed analysts’ estimates as panic hoarding guns by Americans eased. Sales fell 7.3% in the quarter as gun demand subsided, prompting Cowen to downgrade the stock from “outperform” […]
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