Profile
Sector:
Consumer CyclicalIndustry:
LeisureCountry:
United StatesIPO:
03 May 2018Website:
http://www.vincoventures.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
regular market | Fri, 21 Jun 2024 18:34:37 GMTDividend
Analysts recommendations
Institutional Ownership
BBIG Latest News
Shares of Vinco Ventures (OTCMKTS: BBIG ) stock closed higher by 127% today and were up by as much as 7,150% during afternoon intraday trading. Still, shareholders shouldn't place too much hope on today's gains.
Former Federal Deposit Insurance Corporation Chair Sheila Bair recently noted that, during the Federal Reserve's era of zero interest rates, “money (flowed) into all sorts of unproductive uses,” including “zombie companies.” In other words, firms that were generating little or no revenue and had meager chances of ever becoming profitable could stay afloat by convincing investors and lenders to provide them with cheap money.
After months of struggling, another meme stock is biting the dust. Indeed, after a long, complicated journey of volatility and watching shares fall, Vinco Ventures (OTCMKTS: BBIG ) stock has been delisted from the Nasdaq.
Vinco Ventures (OTCMKTS: BBIG ) stock is plunging lower following a Business Insider report that stated the company has until today, Aug. 4, to regain compliance or to file a hearings panel review request with Nasdaq. Failure to comply with these actions will result in delisting.
Earlier today, attorney Mark R. Basile gave Vinco Ventures (OTCMKTS: BBIG ) stock fans reason for hope.
On July 14, Vinco Ventures (OTCMKTS: BBIG ) received a delinquency notice from the Nasdaq. As InvestorPlace's Eddie Pan reported, this grim warning came with very bad news.
It's no secret that small-cap stocks have been on fire lately. With the iShares Russell 2000 ETF NYSE: IWM up close to 10% on the quarter and the overall market trading near 52-week highs, it's become a risk-on environment, and capital has quickly been flowing into traditionally higher-risk stocks like small caps.
Shares of Vinco Ventures (NASDAQ: BBIG ) are up by more than 40% today. This comes despite the fact that the company received a delinquency letter from Nasdaq earlier this month.
Vinco Ventures (NASDAQ: BBIG ) stock is trending on social media today, and the shares are down about 12%. The decline is due to a report that a deal pursued by its joint venture to acquire the National Enquirer had “collapsed.
Insiders appear to be flocking out of Vinco Ventures (NASDAQ: BBIG ), sending shares of this consumer products company lower in today's session. In fact, shares of BBIG stock are down more than 7% at the time of writing, outpacing declines seen in the broader market today.
What type of business is Vinco Ventures?
Vinco Ventures, Inc. develops and commercializes end-to-end consumer products in North America. It offers kitchenware, small appliances, toys, pet care, baby products, health and beauty aids, entertainment venue merchandise, and housewares to retailers, mass-market retailers, and e-commerce sites; and personal protective equipment to governmental agencies, hospitals, and distributors. The company also offers Lomotif app that allows its users to create their own music videos; Cortex, a real-time analytics for marketing spend and revenue optimization; and delivers ad-campaign creation, optimalization, and monetization at scale. In addition, it provides Non-Fungible Token, a platform for artists and content owners to distribute their intellectual property, and digital marketing services for brands and influencers. The company was formerly known as Edison Nation, Inc. and changed its name to Vinco Ventures, Inc. in November 2020. Vinco Ventures, Inc. was incorporated in 2017 and is based in Fairport, New York.
What sector is Vinco Ventures in?
Vinco Ventures is in the Consumer Cyclical sector
What industry is Vinco Ventures in?
Vinco Ventures is in the Leisure industry
What country is Vinco Ventures from?
Vinco Ventures is headquartered in United States
When did Vinco Ventures go public?
Vinco Ventures initial public offering (IPO) was on 03 May 2018
What is Vinco Ventures website?
https://www.vincoventures.com
Is Vinco Ventures in the S&P 500?
No, Vinco Ventures is not included in the S&P 500 index
Is Vinco Ventures in the NASDAQ 100?
No, Vinco Ventures is not included in the NASDAQ 100 index
Is Vinco Ventures in the Dow Jones?
No, Vinco Ventures is not included in the Dow Jones index
When does Vinco Ventures report earnings?
Next earnings report date is not announced yet