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American Outdoor Brands Corp. engages in the manufacture of firearms. It opreates through the following business segments: Firearms; Outdoor Products and Accessories; and Corporate. Read More The Firearms segment offers handguns, long guns, handcuffs, suppressors, and other firearm-related products. The Outdoor Products and Accessories segment designs, sources, distributes, and manufactures reloading, gunsmithing, and gun cleaning supplies; stainless steel cutting tools and accessories; flashlights; tree saws and related trimming accessories; shooting supplies, rests, and other related accessories; apparel; vault accessories; laser grips and laser sights; and a full range of products for survival and emergency preparedness. It sells its products under the Smith & Wesson, M&P, Thompson, and Center Arms brands. The company was founded by Michell A. Saltz on June 17, 1991 and is headquartered in Springfield, MA.
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Gun maker stocks gain, after Connecticut court rules AR-15 assault rifles can be sued
Shares of gun makers rose Thursday, even after a Connecticut court ruled that the maker of AR-15 semi-automatic assault rifles could be sued over the Sandy Hook Elementary School massacre.
Gun seller American Outdoor's stock plunge is 'overdone' but analyst still downgrades
The selloff in gun maker American Outdoor Brands Corp.'s stock AOBC, -2.30% has been "overdone," said Wedbush analyst James Hardiman, but he still downgraded it to neutral from outperform, citing a lack of near-term catalysts. Hardiman also cut his stock price target to $11.00 from $13.50. The stock shed 0.6% toward a 7-month low in morning trade Wednesday, and has plunged 24% so far this month. The company reported last week fiscal third-quarter adjusted earnings and sales that beat expectations, but provi...
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