Why Smith & Wesson Brands Stock Is Falling Today
Shares of Smith & Wesson Brands (NASDAQ: SWBI) were tumbling over 12% in morning trading Wednesday as the result of the presidential election remained clouded.
Regardless of who is president, the Senate looks like it could remain in control of Republicans. Along with a decidedly conservative Supreme Court, the market may be thinking there is little need to buy a gun right away.
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Source Fool.com