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Smith & Wesson stock opens near record high after Dallas shooting

Discussion in 'Market News' started by Lily, Jul 8, 2016.

  1. Lily

    Lily Forum Member

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    Fellow gunmaker Sturm Ruger sees stocks rise 5%, while shares of Taser and Digital Ally, which make wearable police cameras, also climb

    Smith & Wesson stock opened near an all-time high on Friday after five police officers were killed and seven were injured in a shooting in Dallas. The gunmaker’s stock opened at $29.75 a share.

    Earlier this year, the stock hit a record high on 18 March, trading at $30.44 a share. That day it closed at an all-time high of $29.37.

    Related: Smith & Wesson's gun sales boosted profits by 50% on last year

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