By Amber Deter There’s a rumor investors can expect a Smith & Wesson IPO. But Smith & Wesson stock already trades on the Nasdaq. However, that was when it was a part of American Outdoor Brands (Nasdaq: AOBC). On June 1, 2020, the company announced it was spinning off from its parent company. It’s moving forward as an independent publicly traded company.
But what led the company to this decision? Here’s what we know…
Smith and Wesson Stock: The History
Smith & Wesson is an American firearm brand. It’s produced firearms since 1852. Now, it produces guns for sports, protection and recreation.
In 2001, Sat-T-Hammer bought Smith …read more
