Source: Author's Thompson Center LRR Rifle, Manufactured by American Outdoor Brands' Thompson Center.
On Wednesday, November 13th, after market close, American Outdoor Brands Corp (AOBC) shocked the markets by announcing their intention to split the company in the second half of 2020. If you have not done so already, please take a look at the press release here.
The important question here is, "What does this mean for investors?"
Let's start with the overview of the publicly traded firearms space and where AOBC fits.
Focused or Diversified?
Today, investors looking