What's Going On With Better Choice Company Shares Thursday?
Portfolio Pulse from Dylan Berman
Better Choice Company Inc (AMEX:BTTR) shares are trading higher after the company announced a settlement with Alphia, resulting in the retirement of its senior debt and other indebtedness. The stock is up 10.9% following the news.
June 20, 2024 | 6:23 pm
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Better Choice Company Inc (AMEX:BTTR) shares are trading higher after the company announced a settlement with Alphia, resulting in the retirement of its senior debt and other indebtedness. The stock is up 10.9% following the news.
The settlement with Alphia and the retirement of senior debt and other indebtedness significantly improve Better Choice's financial position, which is likely to positively impact investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100