Why American Outdoor Brands Stock Popped 11% This Morning

Once upon a time, gunmaker American Outdoor Brands (NASDAQ: AOBC) had a different name: Smith & Wesson. Now it's getting that name back -- and getting as much as an 11% boost in stock price (in trading earlier this morning) to boot.

Some of those gains have faded, but as of 1 p.m. EDT, American Outdoor Brands stock is still up a healthy 6.1%.

Image source: American Outdoor Brands.

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Source Fool.com