Why Ammo Stock Charged Higher Again Today
Another day, another explosive performance from Ammo (NASDAQ: POWW).
In Wednesday trading, shares of the ammunition manufacturer are shooting up 31.4% (as of 10:50 a.m. EST). There's no actual "new" news to report today, however, so it would appear that what we're seeing today is simply a continuation of the momentum from yesterday's announcement of a quarterly sales projection.
Image source: Getty Images.
Source Fool.com
