- ToughBuilt Industries ( NASDAQ: TBLT ) shares gained ~19% pre-market on Monday after the home improvement products company announced the launch of 93 products on Amazon.It (Italy) and Amazon.de (Germany).
- ToughBuilt CEO Michael Panosian commented, “Our strategy on Amazon Europe is to further familiarize end users with some of our innovative products and grow our brand recognition faster. Although our items are priced to move, we are also respectful of our retail partners margin needs. We look forward to great results in many countries and continue to support numerous partnerships in Europe."
- Last week, ToughBuilt Industries announced plans to raise $20M in stock offering
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ToughBuilt stock gains on launch of 93 products on Amazon Italy, Germany