Smith & Wesson owner’s profits plunged 90 percent

The following excerpt is from an article that originally appeared on Topix

The stock price for American Outdoor Brands plunged as much as 20 percent in pre-market trading following the gun company’s dismal earnings report. American Outdoor Brands, a major gun manufacturer which owns the Smith & Wesson brand, reported a 90 percent drop in quarterly profit when compared to the same period last year.

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