Eightco Provides Shareholder Update
Eightco Holdings Inc. (OCTO)
Company Research
Source: GlobeNewswire
Significant Improvement in Financial Condition Allows Renewed Focus on Revenue Growth Easton, PA, July 16, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) is pleased to provide an update to its shareholders regarding recent activities and future initiatives for growth. The Company has made significant progress in the first half of 2024 improving its financial condition, most notably through the elimination of $5.4 million in convertible notes and increasing shareholder equity by over $23 million which allows a renewed focus on the growth of its subsidiary, Forever 8 Fund LLC (“Forever 8”.) Core Business During 2024, the Company eliminated significant costs and roles related to the management of various legacy businesses. The Company’s primary focus now is the growth of Forever 8, which operates in two main areas: providing inventory solutions for small to mid-sized e-commerce sellers and supplying refurbished Apple produ
Show less
Read more
Impact Snapshot
Event Time:
OCTO
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
OCTO 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
OCTO alerts
High impacting Eightco Holdings Inc. news events
Weekly update
A roundup of the hottest topics
OCTO
News
- Eightco Announces Second Quarter 2024 Financial ResultsGlobeNewswire
- Eightco Achieves Revenues of $100mn in Mobile Phone BusinessGlobeNewswire
- Eightco Provides Shareholder Update [Yahoo! Finance]Yahoo! Finance
- NASDAQ Grants Eightco's Request for Continued Listing on The Nasdaq Capital Market [Yahoo! Finance]Yahoo! Finance
- NASDAQ Grants Eightco’s Request for Continued Listing on The Nasdaq Capital MarketGlobeNewswire
OCTO
Sec Filings
- 8/15/24 - Form 8-K
- 8/14/24 - Form 10-Q
- 8/14/24 - Form 10-Q/A
- OCTO's page on the SEC website