Streetbeat News

OCTO

Eightco Holdings Inc.

https://www.cryptyde.com

Industry

Packaging & Containers

Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.

Open

1.08

Mkt cap

2.8M

Volume

15K

High

1.13

P/E Ratio

0.09

52-wk high

4.86

Low

1.05

Div yield

N/A

52-wk low

1.02

Eightco Holdings has significantly improved its financial position in 2024 by eliminating $5.4 million in convertible notes and increasing shareholder equity by $23 million.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 11:03 am

Eightco Holdings Inc. has received a formal notice from Nasdaq confirming that the company has regained compliance with the minimum bid price requirement. This development is crucial for maintaining its listing on the Nasdaq exchange.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 11:23 am

As of August 29, 2024, Eightco Holdings Inc (NASDAQ:OCTO) and Sherwin-Williams Co (NYSE:SHW) are considered overbought in the materials sector, with RSI values above 70. Both companies have shown recent stock price gains, but investors should be cautious due to potential momentum shifts.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 12:48 pm

Trading halt status was updated at 8:55:00 AM ET, indicating a quotation resumption. The news and resumption times are provided.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:55 pm

Trading for a company has been halted at 7:50:00 p.m. ET due to pending news. The company mentioned in the article is OCTO.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 11:50 pm

Eightco Holdings (NASDAQ:OCTO) reported Q2 earnings of $0.43 per share, a significant improvement from a loss of $(3.54) per share YoY. However, sales decreased by 65.85% to $7.02 million from $20.55 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:08 pm

Eightco Holdings' subsidiary, Forever 8 Fund, has achieved $100 million in revenues from its refurbished Apple smartphone division since April 2021.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:01 pm

ASLAN Pharmaceuticals shares dropped over 38% after announcing the voluntary liquidation of its sole operating subsidiary. Other notable stock movements include Aptevo Therapeutics climbing 84% following a $2.75 million offering, and Shimmick Corporation rising 49% after securing a $27.6 million subcontract. Cassava Sciences fell nearly 30% due to executive leadership changes.

Portfolio Pulse from Avi Kapoor

July 17, 2024 | 5:28 pm

Eightco Holdings has announced the elimination of $5.4 million in convertible notes and an increase in shareholder equity by over $23 million.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:45 pm

Eightco Holdings reported Q1 revenue of $9.6 million, a decrease from $15.9 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:44 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.