$SWHC is one of biggest losers #stocks today. read more:

Smith & Wesson Holding Corporat (symbol: SWHC) was one of the worst losers
of the trading day today (2016-09-02), losing -6.39%. The number of shares
that changed hands was 10,282,821, or about 4 times the average daily
volume in the stock.
The closing price was $27.69, amounting to a market cap of $1,550,000,000,
about -11.22% off the highest price in the last 12 months. The stock has
been trading at a range between $16.33 and $31.19.
SWHC is in the Ordnance And Accessories industry, part of the Capital Goods
sector.
Looking at its valuation, the stock is now trading at 16.48 times earnings.