Shares of Smith & Wesson Holding (SWHC) Trade Up on New Guidance, Analyst Notes Takeover Opp

September 14, 2011 3:46 PM EDT
Get Alerts SWHC Hot Sheet
Price: $21.08 --0%

Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Shares of Smith & Wesson Holding (Nasdaq: SWHC) are trading up today 6.74 percent on the day after raising its outlook last night. New Guidance

An analyst at Anondale Partners, Bret Jordan, claims that the amended change-in-control contracts that the company made with its executives shows that the company is positioned for a takeover and that upper management knows it.

Shares are currently trading up on the week slightly to $2.85.


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