Connect with us

Hi, what are you looking for?

Investing

Ammo Shares Pop 17% as Balance Sheet Shows Improvements

By Denny Jacob

Ammo Inc. shares popped 17% to $2.39 in aftermarket trading Wednesday following signs of an improved balance sheet.

The ammunition maker said it reduced total inventories by nearly $13 million in the fourth quarter. Cost of revenue declined to $31.8 million from $49 million a year earlier.

Additionally,…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

News

This week’s Fed meeting is extraordinary, and it could shock investors in a way we haven’t seen since 2008. So, I’m doing the weekly...

News

This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...