Advertisement
Canada markets closed
  • S&P/TSX

    21,642.87
    -97.33 (-0.45%)
     
  • S&P 500

    5,051.41
    -10.41 (-0.21%)
     
  • DOW

    37,798.97
    +63.86 (+0.17%)
     
  • CAD/USD

    0.7235
    +0.0002 (+0.03%)
     
  • CRUDE OIL

    85.26
    -0.10 (-0.12%)
     
  • Bitcoin CAD

    88,214.02
    +585.58 (+0.67%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,401.80
    -6.00 (-0.25%)
     
  • RUSSELL 2000

    1,967.48
    -8.23 (-0.42%)
     
  • 10-Yr Bond

    4.6590
    +0.0310 (+0.67%)
     
  • NASDAQ futures

    17,903.00
    +21.75 (+0.12%)
     
  • VOLATILITY

    18.40
    -0.83 (-4.32%)
     
  • FTSE

    7,820.36
    -145.17 (-1.82%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • CAD/EUR

    0.6808
    0.0000 (0.00%)
     

Why Shares of Smith & Wesson Are Getting Crushed Today

Why Shares of Smith & Wesson Are Getting Crushed Today

On a day when many stocks are down, investors in Smith & Wesson Brands (NASDAQ: SWBI) are seeing red. Investors are clicking the sell button today in response to the fiscal second-quarter earnings report, which the company released yesterday after the market closed. Falling short of analysts' expectations that it would report revenue of $265 million and earnings per share (EPS) of $1.29, Smith & Wesson reported Q2 2022 sales and EPS of $231 million and $1.13, respectively.