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Today, we take our first in-depth look at The Honest Company, a stock that came public with much fanfare but has proven to be roadkill for investors to this point. Like so many celebrity-backed ventures, the stock has destroyed lots of shareholder value since its debut as a public com...
The U.S. cannabis industry is growing at an unparalleled pace. Sales for 2021 are estimated to finish at $31 billion, an increase of 41% over 2020. (4) And yet, despite this positive sales growth, cannabis stocks slumped in the second half of 2021. Think about it. Sales up, revenues up, growt...
The Honest Company, a digitally-native, mission-driven brand focused on leading the clean lifestyle movement, announced today that Steve Austenfeld will be joining the organization as Vice President, Investor Relations. "With our strategic shift to becoming a public company, now is ...
Reliance Global (NASDAQ:RELI) +85%. Aridis Pharmaceuticals (NASDAQ:ARDS) +72% after its antibody cocktail retains effectiveness against Omicron variant. Quoin Pharmaceuticals (NASDAQ:QNRX) +44%. Cassava Sciences (NASDAQ:SAVA) +40% Cassava Sciences, Biofrontera rise amid so...
Virgin Group Acquisition Corp. II (NYSE:VGII), a SPAC backed by billionaire Richard Branson, agreed to take natural-consumer-products seller Grove Collaborative Inc. public, valuing the combined company at about $1.5B. The transaction is expected to result in about $435M in net proceeds,...
The Honest Co. is a strong buy while priced under $14.18. Management team is set to lead this company. IPO lockup period has ended, the stock should have hit bottom and is now headed back up. For further details see: The Honest Company Is Now A Buy
Robinhood (NASDAQ:HOOD), Oatly (NASDAQ:OTLY), Honest Company (NASDAQ:HNST) and many other of 2021’s seemingly hottest IPOs sank to all-time lows Friday as fears of Omicron and tighter Federal Reserve policies apparently drove investors away from recently public stocks. “With all...
Sweetgreen (NYSE:SG) sank by double-digits percentages Tuesday for the second straight session as the popular salad-bowl chain continued to give back chunks of last week’s 100%+ post-IPO run-up. SG fell to a post-IPO intraday low of $39 during Tuesday’s session, off 12.1% for th...
Three stocks that went public with great fanfare earlier this year thanks to their celebrity investors all closed at or near post-IPO lows Wednesday. Jessica Alba’s Honest Company (NASDAQ:HNST) and Mark Wahlberg-backed F45 Training (NYSE:FXLV) finished at their worst levels to date, wh...
Consumer goods company The Honest Company (HNST) reported better-than-expected sales in the third quarter and has been increasing its focus on sustainable packaging. But is that enough to help to company thrive amid ongoing supply chain issues? Let’s find out. The Los Angeles-base...
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The Honest Company, Inc. (NASDAQ: HNST) is one of today's top gainers. The company's shares have moved 8.99% on the day to $3.86. The Honest Company, Inc. manufactures and sells diapers and wipes, skin and personal care, and household and wellness products. The company also offers baby clothin...
Transformation Pillars Continue to Drive Revenue Growth and Profitability Improvement Achieved 37% Gross Margin, Significant Expansion of 1,275 Basis Points Year-Over-Year Reaffirms Full Year 2024 Financial Outlook LOS ANGELES, May 08, 2024 (GLOBE NEWSWIRE) -- The Honest Com...