Demand Concerns Sink Smith & Wesson
Posted on December 07, 2012 at 18:36 PM EST
Smith & Wesson Holdings (Nasdaq: SWHC) swung to a second quarter profit of 31 cents per share compared with a loss of 2 cents per share in the year ago period but a shrinking backlog raised concerns. Shares of the gun maker dropped 93 cents to close at $9.92.
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