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Friday, December 20, 2013
Trouble ahead: Smith & Wesson?s stock tanks on blowout earnings
Smith & Wesson’s earnings are out, and as everyone expected, they crushed it. The company’s earnings this quarter are up almost 40 percent year-over-year, and profit margins and production are way up, as well. Yet, after the release of these record-breaking earnings, the company’s share price has dropped almost 3 percent at pixel time. What[.....]
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