Why AMMO Shot 42.7% Higher in June
Shares of AMMO (NASDAQ: POWW) lit up the market in June, rising 42.7% according to data from S&P Global Market Intelligence following its announcement that it was being included in the Russell 2000 index and the Russell Microcap index.
The ammunition manufacturer then reported fiscal fourth quarter earnings at the end of the month that showed sales and profits shot out the lights.
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Source Fool.com
