Tag: AMERICAN OUTDOOR BRANDS CORP
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Gun Buying Loses the Fear Factor Under Trump, Sparking Price War
A bad dream for U.S. firearms producers has become reality: The fear-based motivation for gun purchases has evaporated and is being replaced by bargain hunting. A price war has broken out across the gun industry with no end in sight. Sales and profits are dropping. American Outdoor Brands Corp., the maker of Smith & Wesson weapons,…
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Las Vegas Horror Drives All-Too-Predictable Gun Stock Rally
The grim predictability of stock-market reactions to U.S. mass shootings—where before a final tally of casualties can be reached, shares of gun makers rise—continued Monday in the wake of a Las Vegas attack that killed at least 58 and wounded 515. Historically, gun stocks have experienced a bump after a mass shooting for reasons both political…
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