Unusual Volume Alert: Smith & Wesson (SWHC)

Posted in after-hours 
June 18th, 2009

Smith & Wesson Holding Corporation (NASDAQ: SWHC) is surging in after-hours.  The company discussed earnings, but it is making a diversification buyout to move into a new revenue segment.  As of 5:10 PM EST we have seen shares rise after a 2% gain to $4.93 in regular trading to an even higher price up 13% to $5.59.  We have also seen 161,878 shares trade hands.  We rarely see after-hours action in this name. -JON C. OGG

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