Smith & Wesson Shares Down As Gun Fears Subside

Shares in Smith & Wesson Holding Corp (NASDAQ:SWHC) have fallen by more than 15 percent in the last month as the gun boom caused by the political atmosphere in the United States fades. The company reported its earnings for the three months ending June 30 yesterday afternoon after the market closed. On today’s market, shares in the company fell by more than 8 percent in response to the company’s earnings report. Smith & Wesson Holding Corp (NASDAQ:SWHC) showed earnings of 41 cents per share on revenue of $171 million for the period. Though both figures were up an impressive amount…