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Why Smith & Wesson Stock Crashed Today

TheMotleyFool

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Shares of gunsmith Smith & Wesson Brands (NASDAQ: SWBI) swooned 11.7% as of 1:40 p.m. EDT Thursday, despite beating earnings projections in last night's fiscal first-quarter report.

Instead of the $1.29 per share Wall Street analysts had forecast, Smith & Wesson earned $1.57.

Image source: Getty Images.

Source Fool.com

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