Delta Apparel shares are trading lower after the company announced a plan to exit the DTG2Go business unit of its Delta Group operating segment.
Portfolio Pulse from Benzinga Newsdesk
Delta Apparel shares are trading lower after the company announced a plan to exit the DTG2Go business unit of its Delta Group operating segment.
June 20, 2024 | 5:48 pm
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NEGATIVE IMPACT
Delta Apparel shares are trading lower following the announcement to exit the DTG2Go business unit, indicating potential short-term negative impact on the stock.
The decision to exit the DTG2Go business unit suggests a strategic shift that may be perceived negatively by investors in the short term, leading to a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100