Smith & Wesson Falls Despite Strong Q4 Results; Sturm, Ruger Also Lower (RGR, SWHC)
June 26, 2013 at 15:44 PM EDT
Leading gun manufacturer Smith & Wesson (NASDAQ: SWHC ) released very strong fiscal fourth-quarter results on Tuesday after the closing bell. The company also provided robust Q1 and full-year guidance. Nevertheless, the stock was trading down better than two percent on Wednesday as investors look to take profits in