There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

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This tiny New Jersey deli has a market cap of more than $100 million.

Hometown, which appears to have begun trading in 2019, according to FactSet, has shares that trade over the counter and rarely has more than a few hundred shares change hands per day. Often, there are no trades logged in an entire trading day.Hometown did not immediately return a request seeking comment made to the phone number listed in the company's securities filings. A manager was not available to comment at the deli's phone number.

According to the company's latest 10-K filing, the company's single location was closed from March 23 to September 8 of last year because of the coronavirus pandemic. During that time, the company's stock price rose to $9.25 per share from $3.25 per share. It last traded at just under $14 per share. The company sold 2.5 million shares last year and has about 60 total shareholders, according a filing.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

thanks

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I guess old paper hands CNBC doesn’t have the balls to play the pink sheets.

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대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

$100 million New Jersey deli company Hometown International delisted from an over-the-counter marketHometown International has a high market value given meager sales at the Your Hometown Deli in Paulsboro, N.J., its sole business. by 'not complying with rules' do you mean 'being an obvious fraud?' Wait there’s rules on the pink sheets? Rules for fraud? Someone make a movie
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