Gun Market Continues to Gyrate on Political Trends
In the last two weeks, firearm makers have seen Remington file for Chapter 11 protection for the second time in two years, Smith & Wesson spin-off its diversification acquisitions to insulate them from its gun-making business and Vista Outdoor get its debt ratings upgraded after it cleaned up its balance sheet and focused its gun business on the ammunition side. And while the gun market is undoubtedly in for at least a few more months of strong demand leading up to the election, it has likely never been a more challenging time to be managing one of these companies.
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