{"id":63152,"date":"2009-12-04T11:47:00","date_gmt":"2009-12-04T16:47:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/smith-and-wesson-shares-down-on-lowered-outlook-analyst-downgrade-2009-12"},"modified":"2009-12-04T11:47:00","modified_gmt":"2009-12-04T16:47:00","slug":"smith-wesson-shares-plunge-as-the-gun-boom-comes-to-an-end","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/63152","title":{"rendered":"Smith &amp; Wesson Shares Plunge As The Gun Boom Comes To An End"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b193c390000000000098d24\" border=\"0\" alt=\"Smith Wesson Handgun\" \/><\/p>\n<p>Earlier this week, Smith &amp; Wesson&#8217;s stock rallied as Obama announce he would send more of our troops into Afghanistan.<\/p>\n<p>Now, despite the promise of a full out world war, shares are dropping thanks to a horrible outlook.<\/p>\n<p>Smith &amp; Wesson said it expects third quarter revenue of $90.0 million to $95.0 million.<\/p>\n<p>The current consensus estimate is revenue of $104.8 million for the quarter ending January 31, 2010.<\/p>\n<p>The stock closed at $5.27 yesterday and is currently holding steady at $4.37, a 17% dip!<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/smith-and-wesson-shares-down-on-lowered-outlook-analyst-downgrade-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/heres-why-take-two-interactives-stock-is-plummeting-2009-12\">Take Two Interactive Plunges After Horrible Outlook (TTWO)<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/this-chart-says-the-gun-bubble-is-just-about-burst-2009-10\">This Chart Says The Gun Bubble Is About To Burst (SWHC)<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/obama-takes-squishy-middle-ground-on-afghanistan-2009-12\">Obama Takes Squishy Middle Ground On Afghanistan<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/4IUMpbjUziA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier this week, Smith &amp; Wesson&#8217;s stock rallied as Obama announce he would send more of our troops into Afghanistan. Now, despite the promise of a full out world war, shares are dropping thanks to a horrible outlook. Smith &amp; Wesson said it expects third quarter revenue of $90.0 million to $95.0 million. The current [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-63152","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/63152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=63152"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/63152\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=63152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=63152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=63152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}