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.

Image source: Getty Images.

Continue reading

Source Fool.com