Why Smith & Wesson Stock Crashed Today
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.
Source Fool.com