Smith & Wesson shares shoot higher (SWHC)

Posted in pre-market 
June 19th, 2009

Smith & Wesson (Nasdaq – SWHC) is up 13% after the company guided higher after hours, and several analysts raised estimates for the stock this morning. Troubling times appear to be increasing demand for firearms. There are anecdotal reports in many regions around the country of gun stores posting strong double-digit pistol sales since the start of the year.

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