3 Reasons Smith & Wesson's Move Is a Win for Investors
As Massachusetts lawmakers mull a law banning the manufacture of "assault weapons" within the state, Smith & Wesson Brands (NASDAQ: SWBI) recently announced it's preparing a move to greener pastures. Smith & Wesson has been headquartered in the Bay State for 156 years, but the company now hopes to move its base of operations to Tennessee.
The change is likely to benefit the company and its shareholders, not only because Smith & Wesson's product range will remain intact, but for at least a trio of other reasons too.
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Source Fool.com