Shares of Smith & Wesson Holding Corp. surged Tuesday after the gun maker raised its sales guidance. The company's stock price jumped 11.1 per cent on the day to close at $25.86 (U.S.). Smith & Wesson now expects sales for the current quarter ending Jan. 31 to be as high as $180-million, a 16-per-cent increase from a December forecast, according to Bloomberg. Also on Tuesday, U.S. President Barack Obama unveiled executive actions to tighten gun control regulations.
