After Year Under New CEO, Grove Collaborative Is Finally Building A Sustainable Business [Forbes]
Grove Collaborative Holdings, Inc. Class A (GROV)
Company Research
Source: Forbes
Courtesy of Grove Collaborative When Jeff Yurcisin arrived day one last August as CEO at Grove Collaborative , he accepted the challenge of a lifetime. Founded in 2012, Grove built a digitally-native business around environmentally-sound, sustainable products for household cleaning, personal care, health and wellness, laundry, clean beauty, baby, and pet care. Yet despite consumers increasing environmental consciousness, Grove's business was in trouble. Ironically, the company that sells only clean products had gotten into quite a mess. After merging with Richard Branson-backed Virgin Group Acquisition Corp in 2021 and going public in July 2022 with a valuation of $1.5 billion, its market cap collapsed by the end of that year and now sits in the $50 million range “We were once a unicorn, and now we're a micro-cap,” he shared with me. “But I'm not here and the board is not here to run a small $50 million micro-cap company.” With revenues tanking – dropping 16% from $384 mill
Show less
Read more
Impact Snapshot
Event Time:
GROV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GROV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GROV alerts
High impacting Grove Collaborative Holdings, Inc. Class A news events
Weekly update
A roundup of the hottest topics
GROV
News
- Daily Harvest Invests in Industry-Leading Tech Stack with Shopify, Ordergroove and Klaviyo to Power Future Growth and Innovative Customer Experience [Yahoo! Finance]Yahoo! Finance
- Grove Collaborative Holdings, Inc. (NYSE: GROV) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $2.00 price target on the stock.MarketBeat
- Grove Collaborative Holdings Inc (GROV) Q3 2024 Earnings Call Highlights: Navigating Challenges ... [Yahoo! Finance]Yahoo! Finance
- Grove Announces Third Quarter 2024 Financial ResultsBusiness Wire
- Grove to Report Second Quarter 2024 Financial Results on November 12, 2024Business Wire
GROV
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- GROV's page on the SEC website