SharkNinja Shares Halted On Circuit Breaker; NOTE: Co Began Publicly Trading Today Following Separation From JS Global Lifestyle Company
Portfolio Pulse from Happy Mohamed
SharkNinja, Inc. (NYSE:SN) has completed its separation from JS Global Lifestyle Company Limited and is now an independent public company trading on the New York Stock Exchange under the ticker symbol 'SN'. Shareholders who held JS Global ordinary shares on July 4, 2023, received a distribution of one SharkNinja ordinary share for every 25 ordinary shares of JS Global.
July 31, 2023 | 2:22 pm
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POSITIVE IMPACT
SharkNinja has completed its separation from JS Global and is now trading independently on the NYSE. This could potentially increase the company's visibility and attract more investors.
The separation from JS Global and the start of independent trading on the NYSE could potentially increase SharkNinja's visibility in the market, which could attract more investors and potentially drive up the stock price in the short term.
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IMPORTANCE 80
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