3 Perspectives on Ammo's Q2 Bull's-Eye Earnings Results
Ammunition manufacturer Ammo (NASDAQ: POWW) made something of a bang on Monday, Aug. 16, with a second-quarter 2021 earnings report that beat Wall Street expectations on both the top and bottom lines. After a brief dip, the company's share price shot higher, rising more than 6% by midday on the Wednesday after the report.
Investors appear pleased with the bullet maker's gains, but should they be upbeat given the current charged political climate surrounding firearms? Let's take a closer look and consider three major points about Ammo's situation. At least one take on the situation sounds a note of caution, but the bull case for Ammo looks strong overall.
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Source Fool.com
