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

Trading on the stock LQR has been halted at 8:45 a.m. ET due to pending news. The halt is in place to ensure a fair and orderly market until the news is released and investors have had time to digest the information.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:45 pm

LQR House has repurchased 576,713 of its shares, amounting to 15% of its total outstanding shares. CEO Sean Dollinger encourages shareholders to transfer their shares from brokerage accounts to Vstock Transfer, the company's transfer agent, to counteract short sellers' influence.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 2:26 pm

LQR House has reported a significant increase in revenue for December 2023, totaling $339,713, which is a substantial rise from the $74,053 reported in the same month of the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:52 pm

In Monday's after-market session, several communication services stocks experienced significant movements. Gainers included VS Media Holdings, Surgepays, 36KR Holdings, TuanChe, Direct Digital Holdings, and National CineMedia, with increases ranging from 4.83% to 11.1%. Conversely, NextPlay Technologies, NextPlat, Chicken Soup for the Soul, Motorsport Games, Altice USA, and LQR House saw their stock prices decline between 5.36% and 8.7%.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 9:31 pm

In Friday's after-market session, several communication services stocks experienced movement. Gainers included 36KR Holdings (KRKR), Kore Group Holdings (KORE), Treasure Global (TGL), NFT Gaming Co (NFTG), CuriosityStream (CURI), and Blue Hat Interactive (BHAT), with increases ranging from 3.0% to 5.0%. Conversely, Chicken Soup for the Soul (CSSE), VS Media Holdings (VSME), Motorsport Games (MSGM), Charge Enterprises (CRGE), Fluent (FLNT), and LQR House (LQR) saw their stock prices decline between 2.67% and 7.9%.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 9:31 pm

During Monday's intraday session, several communication services stocks experienced significant movements. NextPlay Technologies (NXTP) saw a dramatic increase of 213.8%, while NetEase (NTES) led the losers with a 16.0% drop. Other notable gainers include Society Pass (SOPA), Asset Entities (ASST), Brera Holdings (BREA), Oriental Culture Holding (OCG), and System1 (SST). On the losing side, HUYA (HUYA), AdTheorent Holding (ADTH), Gamer Pakistan (GPAK), LQR House (LQR), and Sohu.com (SOHU) also saw declines.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:30 pm

In Friday's intraday session, several communication services stocks experienced significant movements. NextPlay Technologies (NXTP) saw a substantial increase of 188.4%, while NetEase (NTES) faced a notable decline of 15.1%. Other gainers included Oriental Culture Holding (OCG), Brera Holdings (BREA), Society Pass (SOPA), and NFT (MI), with increases ranging from 12.91% to 28.43%. Conversely, stocks such as Gamer Pakistan (GPAK), HUYA (HUYA), Grom Social Enterprises (GROM), Starbox Group Holdings (STBX), and LQR House (LQR) experienced declines between 7.16% and 11.25%.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 5:31 pm

During Wednesday's intraday session, several communication services stocks experienced significant movements. System1 (SST) saw a 24.6% increase, while Asset Entities (ASST) rose by 20.51%. LQR House (LQR) and Clear Channel Outdoor (CCO) also gained, with increases of 16.08% and 14.24%, respectively. Direct Digital Holdings (DRCT) and Paltalk (PALT) saw their stocks rise by 14.13% and 12.0%. Conversely, Hanryu Holdings (HRYU), TuanChe (TC), Gamer Pakistan (GPAK), MediaCo Holding (MDIA), and Baosheng Media Gr (BAOS) experienced declines ranging from 9.21% to 17.6%.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 5:31 pm

LQR House has canceled all outstanding representative warrants held by EF Hutton designees to purchase shares, aiming to boost shareholder confidence. The company has also decided to halt further offerings and capital raises, focusing on expanding its e-commerce presence and forming marketing partnerships. LQR House has around $8 million in cash reserves and is prioritizing cash flow, business growth, and profitability. The canceled warrants were for 9,335,696 shares, with exercise prices between $5.00 and $0.07 per share. EF Hutton designees received $60,000 in compensation for the cancellation.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:54 pm

Lantheus Holdings, Inc. (LNTH) shares fell by over 22% after announcing topline results from a phase 3 study with POINT Biopharma. Other stocks moved in Monday's mid-day session with notable gainers and losers across various sectors. United States Steel Corporation (X) rose after an acquisition announcement by Nippon Steel, while Ebix, Inc. (EBIX) shares plummeted following a Chapter 11 filing and asset sale agreement.

Portfolio Pulse from Avi Kapoor

December 18, 2023 | 6:05 pm

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