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Ammo stock


What happened Actions of Ammunition (NASDAQ: POWW) closed 13.7% higher on Tuesday after the ammunition maker announced the resumption of production on a production line of “improved” .50 caliber ammunition. Production will take place at the Jagemann Munition Components plant, which Ammo acquired as part of its acquisition of Jagemann in March 2019. The .50 …

What happened It appears Democrats control the White House, House of Representatives and Senate, with early polls in Georgia suggesting Democrats won both Senate races in yesterday’s run-off election. Perhaps this is the reason why the manufacturer of firearms ammunition Ammunition Inc. (NASDAQ: POWW) is up 17.4% as of 10:30 a.m. EST. But that’s probably …