VOXX International shares are trading higher after the company announced the sale of certain assets of its Domestic Accessories Group to Established.
Portfolio Pulse from Benzinga Newsdesk
VOXX International shares are trading higher following the announcement of the sale of certain assets of its Domestic Accessories Group to Established.
August 09, 2024 | 3:24 pm
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VOXX International shares are trading higher after the company announced the sale of certain assets of its Domestic Accessories Group to Established.
The sale of assets is generally perceived positively by investors as it can lead to a more focused business strategy and potential cash inflow, which is likely driving the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100