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Stock impact report

CHARLES & COLVARD PROVIDES BUSINESS UPDATE RELATED TO COVID-19

Charles & Colvard Ltd. (CTHR) 
Last charles & colvard ltd. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: charlesproxy.com
Company Research Source: GlobeNewswire
RESEARCH TRIANGLE PARK, N.C., April 09, 2020 (GLOBE NEWSWIRE) -- Charles & Colvard, Ltd. (Nasdaq: CTHR), the original and leading worldwide source of created moissanite, provided an update on actions being implemented in response to the COVID-19 pandemic.  “During this evolving environment, we have acted quickly to focus on three key areas,” commented Suzanne Miglucci, President and CEO of Charles & Colvard. “These include safeguarding the health and safety of our employees; streamlining operations while ensuring support of our brand and customers; and maintaining our financial strength and stability.” “We have had to make some tough decisions, including furloughing a large portion of our workforce. We are committed to emerging from this crisis as a strong, growth-oriented company and will make every effort to bring our team members back to their jobs as quickly as possible. Despite these short-term disruptions, we believe the underlying trends that will drive our business over t Show less Read more
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