Why Smith & Wesson Brands Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket -

Shares of Smith & Wesson Brands Inc (NASDAQ:SWBI) rose sharply in pre-market trading as the company posted better-than-expected fourth-quarter results after Wednesday's closing bell.

Smith & Wesson reported quarterly earnings of 36 cents per share, which beat the analyst estimate of 23 cents.

Quarterly revenue came in at $178.39 million, which beat the Street estimate of $155.27 million.

Smith & Wesson Brands shares jumped 16.7% to $16.02 in pre-market trading.

Here are some other stocks moving in pre-market trading.