Shares Of American Rebel Holdings Up 50% Premarket; Co Announced Wednesday, That Its Safe Subsidiary Champion Safe Was Bombarded With Calls From Safe Dealers And Customers Looking For Alternatives To Safes Made By Liberty Safe
Portfolio Pulse from Charles Gross
American Rebel Holdings' shares rose by 50% in premarket trading after the company announced that its safe subsidiary, Champion Safe, received a surge in calls from safe dealers and customers seeking alternatives to safes made by Liberty Safe.
September 07, 2023 | 8:45 am
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American Rebel Holdings' stock price increased by 50% in premarket trading due to increased demand for its subsidiary Champion Safe's products.
The surge in calls to Champion Safe, a subsidiary of American Rebel Holdings, indicates a high demand for its products. This increased demand is likely to boost the company's revenues, which in turn has led to a rise in the company's stock price.
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