[milesdyson_phd]

I think FN has a lot of the US military contracts now, so it that might help explain why

[cinntaile]

But FN is a Belgian gun manufacturer, how does this relate to CZG from the Czech Republic?

[sueders101]

Colt used to sell many rifles to the US military. They lost that business to FN. And with that they lost a lot of value.

[mallomarmeasle]

As pointed out downthread, Colt lost military contracts to FN, decreasing stock value

[cinntaile]

That makes sense, thanks for the clarification.

[groby_b]

How does FN enter here? I thought they're owned by the Belgian government?

[aksss]

reduced valuation of Colt