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Smith & Wesson's stock slumps after missing out on U.S. Army deal
MARKETWATCH 8:29 AM ET 9/26/2016
Symbol Last Price Change
SWHC 27.56 0 (0%)
QUOTES AS OF 04:00:00 PM ET 09/23/2016
Shares of Smith & Wesson Holding Corp.(SWHC) slumped 2.5% in premarket trade Monday, after the gun maker disclosed in a filing that its bid to make replacements for the U.S. Army's standard M9 sidearm was denied. The filing was made after Friday's closing bell. The company said the Army deal was never included in its financial guidance. The stock had run up 25% year to date through Friday, while the S&P 500 had gained 5.9%.

-Tomi Kilgore; 415-439-6400; [e-mail]


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09-26-160829ET
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