Remington's bankruptcy could be the tip of the iceberg [MSN Money]
AMERICAN OUTDOOR BRANDS CORP (AOBC)
Last american outdoor brands corp earnings: 3/5 04:15 pm
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Source: MSN Money
Firearms companies face declining sales, falling stock prices and tremendous debt. Gunmaker American Outdoor Brands Corp., formerly known as Smith & Wesson, has seen its stock plummet by almost half, compared with 2017. On Monday, Remington Outdoor Co., an iconic 200-year-old American firearms manufacturer, announced it’s planning to file for bankruptcy. Quotes in the article Prospect Capital Corp PSEC ? 6.86 +0.11 +1.63% With Republicans in control of Washington, there’s little chance of firearms regulation, even in the face of Wednesday’s massacre in Florida. When Barack Obama was president or Democrats controlled Congress, gun sales would generally rise after a mass shooting for fear of more restrictive laws. The gun lobby pushed these worries despite a lack of significant legislative effort by the Obama administration. Now that Donald Trump is in the Oval Office, fear of new gun laws has receded, industry
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