Safety Shot shares are trading higher after the company announced the direct-to-consumer launch of Safety Shot in the first week of December 2023.
Portfolio Pulse from Benzinga Newsdesk
Safety Shot has announced the direct-to-consumer launch of its product in the first week of December 2023, leading to a rise in its share prices.
October 30, 2023 | 3:01 pm
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Safety Shot's shares are trading higher following the announcement of its direct-to-consumer product launch in December 2023.
The announcement of a new product launch, especially a direct-to-consumer one, is generally seen as a positive development for a company. This is because it opens up a new revenue stream and can lead to increased sales and profits. As a result, investors may be more willing to buy the company's shares, leading to an increase in the share price.
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