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 Inc. (NASDAQ:LQR) has been actively repurchasing shares as part of its Share Buyback Program. The company bought back shares on three separate occasions at record-low prices, adhering to Rule 10b-18 guidelines. On November 21, 237,700 shares were acquired at $0.04813 each, on November 27, 2,000,000 shares at $0.030979 each, and on November 28, 813,022 shares at $0.0279 each, demonstrating the company's commitment to the program.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:35 pm

In Tuesday's pre-market session, several communication services stocks experienced significant movements. GDEV, STBX, HRYU, LVO, and CUEN were among the gainers, with increases ranging from 5.1% to 9.5%. Conversely, MOBQ, ASST, GDC, LQR, NFTG, and DRCT were the losers, with declines between 3.82% and 13.4%. These movements reflect changes in investor sentiment and could impact the market value of these companies' shares.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 1:06 pm

LQR House Inc. (NASDAQ:LQR) announced a 1-for-60 reverse stock split effective November 30, 2023, to comply with Nasdaq's minimum bid price requirement. The company's Board of Directors and majority shareholders unanimously approved the measure after a non-compliance notification from Nasdaq. The reverse stock split is intended to increase the per-share price to meet the $1.00 minimum bid price rule. CEO Sean Dollinger emphasized efforts in transparency and growth through partnerships and acquisitions. The split will adjust outstanding convertible securities and no fractional shares will be issued, with all fractions rounded up.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 12:48 pm

In Monday's pre-market session, several communication services stocks experienced significant movements. Gainers included Asset Entities, Mobiquity Technologies, Telecom Argentina, DHI Group, LiveOne, and Salem Media Group with increases ranging from 6.86% to 50.3%. Conversely, Cuentas, LQR House, Anghami, Gamer Pakistan, and Chicken Soup for the Soul saw their shares decline between 4.2% and 7.4%.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 1:07 pm

In Friday's intraday session, several communication services stocks experienced significant movements. iClick Interactive Asia (ICLK) led the gainers with a 26.3% increase, while LQR House (LQR) saw the largest decline among the losers, dropping 24.2%. Other notable movers included MoneyHero (MNY), Innovid (CTV), and MediaCo Holding (MDIA) with substantial gains, and GDEV, Cuentas (CUEN), and GD Culture Group (GDC) with notable losses. Market capitalizations were also highlighted, with Cuentas recently releasing Q3 earnings.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:31 pm

FLJ Group Limited's stock soared by 96.4% after announcing an agreement to acquire Alpha Mind Technology. Other stocks also saw significant movements in Friday's mid-day session, with Versus Systems Inc. leading the gainers after a strategic investment from Cronus Equity Capital Group. iRobot Corporation's stock rose due to Amazon's proposed acquisition nearing EU antitrust approval. iClick Interactive Asia Group Limited climbed after a merger deal. On the losers' side, LQR House Inc. dropped after receiving a Nasdaq delisting determination, and Impel Pharmaceuticals Inc. dipped following a recent surge.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 5:21 pm

The article lists the top 5 oversold tech and telecom stocks in the communication services sector, which could present buying opportunities. These stocks have Relative Strength Index (RSI) values near or below 30, indicating they may be undervalued. The companies mentioned are Hanryu Holdings, Inc. (HRYU), trivago N.V. (TRVG), Gambling.com Group Limited (GAMB), Starbox Group Holdings Ltd. (STBX), and LQR House Inc. (LQR). Each company's recent performance, RSI value, and price action are briefly discussed.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 1:10 pm

LQR House has received a Staff Delisting Determination from Nasdaq and plans to appeal the decision by requesting a hearing before a Nasdaq Hearings Panel, as per Nasdaq Listing Rule 5800 Series procedures.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 9:33 pm

In Tuesday's after-market session, several communication services stocks experienced significant movements. TuanChe (TC) saw a 17.1% increase, while Chicken Soup for the Soul (CSSE) rose by 11.66%. Gamer Pakistan (GPAK) went up by 10.27%, Mobiquity Technologies (MOBQ) by 8.4%, and Treasure Global (TGL) by 6.07%. Collective Audience (CAUD) also increased by 5.0%. On the losing side, Cuentas (CUEN) dropped by 6.5%, MoneyHero (MNY) by 3.46%, LQR House (LQR) by 3.21%, Motorsport Games (MSGM) by 2.55%, Troika Media Group (TRKA) by 1.7%, and So-Young Intl (SY) by 1.62%. Notably, CUEN, LQR, and SY recently released their Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 9:31 pm

In Tuesday's intraday session, several communication services stocks experienced significant movements. Anghami (ANGH) saw a 39.2% increase, while Brera Holdings (BREA) and Direct Digital Holdings (DRCT) rose by 23.27% and 21.87%, respectively. Other gainers included Gamer Pakistan (GPAK), Society Pass (SOPA), and Cuentas (CUEN), with increases ranging from 10.46% to 15.69%. On the losing side, LQR House (LQR) dropped by 18.9%, Charge Enterprises (CRGE) by 14.45%, and Lytus Technologies Hldgs (LYT) by 11.26%. Grom Social Enterprises (GROM), Yalla Group (YALA), and iClick Interactive Asia (ICLK) also saw declines of over 10%. Notably, the volume of shares traded for many of these companies was significantly higher than their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 5:31 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.