Streetbeat News

LQR

LQR House Inc.

https://www.lqrhouse.com

Industry

Beverages - Wineries & Distilleries

LQR House Inc. provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through an exclusive agreement with an e-commerce portal. The company serves individual consumers, wholesalers, and third-party alcohol brands. LQR House Inc. was incorporated in 2021 and is based in Miami Beach, Florida.

Open

0.94

Mkt cap

7.2M

Volume

158K

High

1.06

P/E Ratio

-0.30

52-wk high

3.47

Low

0.94

Div yield

N/A

52-wk low

0.40

LQR House announced a 60-for-1 reverse stock split, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:59 pm

LQR House Inc. (NASDAQ:LQR) has announced a proposed 60-for-1 reverse stock split, subject to NASDAQ approval, to maintain NASDAQ compliance. The split will affect common stock and derivatives like options and warrants. No fractional shares will be issued, with fractions rounded down. The company is also continuing its repurchase program to buy back up to 2,000,000 shares, taking advantage of the current stock price discount.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 3:09 pm

In Tuesday's pre-market session, several communication services stocks experienced significant movements. Anghami (ANGH) saw a 43.7% increase, while LQR House (LQR) rose by 29.96% following their Q3 earnings report. Society Pass (SOPA) increased by 12.17%, Telecom Argentina (TEO) by 7.19%, Motorsport Games (MSGM) by 6.39%, and Hanryu Holdings (HRYU) by 6.06% after their Q3 earnings. Conversely, Mobile Global Esports (MGAM) fell by 8.6%, DouYu Intl Hldgs (DOYU) by 7.5%, Tremor Intl (TRMR) by 7.25%, Cuentas (CUEN) by 6.16% after their Q3 earnings, Cheer Holding (CHR) by 5.64%, and So-Young Intl (SY) by 5.47% following their Q3 earnings.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 1:06 pm

Symbotic Inc. (NASDAQ:SYM) shares increased by approximately 22% in pre-market trading following the announcement of Q4 sales that surpassed analyst expectations. The company reported sales of $392 million against a consensus estimate of $306.9 million. Despite reporting a quarterly loss of 8 cents per share, this was an improvement from the 10 cents per share loss in the same period last year. Keybanc upgraded Symbotic's price target from $50 to $63. Other stocks also showed significant movement in pre-market trading, with various gainers and losers listed.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 1:05 pm

In Wednesday's after-market session, several communication services stocks experienced movement. Cuentas, Gannett Co, Charge Enterprises, Troika Media Group, and iHeartMedia saw gains, with iHeartMedia's recent Q3 earnings release 4 days ago. Conversely, Kubient, comScore, Gambling.com Group, Mobiquity Technologies, Onfolio Holdings, and LQR House faced declines, with recent Q3 earnings reports influencing some of these movements.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 9:31 pm

Several communication services stocks experienced significant movements in Tuesday's intraday session. Direct Digital Holdings (DRCT) saw a 28% increase, Kore Group Holdings (KORE) rose by 27.72%, Sohu.com (SOHU) went up by 22.08%, and Cardlytics (CDLX) increased by 16.53%, all following their Q3 earnings reports. Ucloudlink Group (UCL) and Super League Enterprise (SLE) also saw gains. Conversely, LQR House (LQR), Innovid (CTV), Lytus Technologies Hldgs (LYT), Cheer Holding (CHR), iHeartMedia (IHRT), and Asset Entities (ASST) experienced declines, with some also reacting to their Q3 earnings.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 5:31 pm

StoneCo Ltd. (NASDAQ:STNE) shares increased by over 6% in pre-market trading following the company's third-quarter earnings report, which surpassed market expectations. StoneCo reported adjusted earnings of 27 cents per share against the estimated 22 cents, with sales of $643.35 million exceeding the forecast of $610.17 million. Other stocks also showed pre-market movements, with notable gainers including SenesTech, Inc. (NASDAQ:SNES), Collective Audience, Inc. (NASDAQ:CAUD), and Tivic Health Systems, Inc. (NASDAQ:TIVC), among others. Conversely, several stocks were trading lower, such as Monopar Therapeutics (NASDAQ:MNPR), eFFECTOR Therapeutics, Inc. (NASDAQ:EFTR), and Motus GI Holdings, Inc. (NASDAQ:MOTS).

Portfolio Pulse from Lisa Levin

November 13, 2023 | 1:24 pm

LQR House has partnered with Cabal Tequila for a marketing and awareness campaign, which could lead to COSTCO shelf placement in California through their partnership with Alpha Distro.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 12:38 pm

LQR House has announced the pricing of a public offering, aiming to raise $11 million through the issuance of 157,142,857 shares at $0.07 each. This move has led to an increase in the trading price of LQR House shares.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 5:33 pm

LQR House has announced the pricing of a public offering of 157,142,857 shares at $0.07 per share, aiming to raise $11 million.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:20 pm

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