Ammo Inc (NASDAQ:POWW). (POWWP) shares soared to a 52-week high, reaching a price level of $27.18 as the company rode the wave of a broader market rally. The ammunition manufacturer's stock has shown a notable performance over the past year, with a 1-year change showing an increase of 4.6%. Investors have been bullish on Ammo Inc., as the company has capitalized on the growing demand in the firearms and defense sector, propelling its shares to new heights. The 52-week high marks a significant milestone for the company, reflecting investor confidence and the firm's operational success amidst a competitive industry landscape.
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