Streetbeat News

SBEV

Splash Beverage Group, Inc.

https://splashbeveragegroup.com

Industry

Beverages - Alcoholic

Splash Beverage Group, Inc. engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. Its products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and recovery isotonic sport drink under the TapouT Performance name; wine under the Copa di Vino name; and Pulpoloco Sangria. The company also sells beverages and groceries online through qplash.com. Splash Beverage Group, Inc. is based in Fort Lauderdale, Florida.

Open

0.20

Mkt cap

11M

Volume

328K

High

0.20

P/E Ratio

-0.38

52-wk high

0.73

Low

0.18

Div yield

N/A

52-wk low

0.14

HC Wainwright & Co. has reiterated its Buy rating on Splash Beverage Group (AMEX:SBEV) and maintained a $1 price target, as stated by analyst Scott Buck.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 10:08 am

Pinterest, Inc. (PINS) shares surged 17% in pre-market trading after reporting strong Q1 earnings and positive Q2 guidance, with revenue up 23% YOY. Other stocks also showed significant pre-market movements, including notable gainers like Plutonian Acquisition Corp. (PLTN) and losers like CVRx Inc (CVRX), reflecting a mix of financial results and guidance updates.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 12:19 pm

Splash Beverage Group, Inc. (SBEV) announced the appointment of Julius Ivancsits as Chief Financial Officer effective April 24th, 2024. Ivancsits brings extensive experience in finance, accounting, treasury, IT, and a strong background in mergers and acquisitions, having previously served as CFO for several companies including Hexo Corporation. His appointment is expected to support Splash's growth strategy through M&A activities.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:01 pm

Splash Beverage Group, Inc. (SBEV) has acknowledged the going concern opinion in its 10-K filing but reaffirmed its commitment to sustainable growth and long-term success. Despite challenges with limited operating capital, the company remains confident in its business model and plans for aggressive growth and acquisitions. Management has been actively addressing financial concerns and has made significant progress in securing new business for its beverage brands.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 9:06 pm

HC Wainwright & Co. analyst Scott Buck maintains a Buy rating on Splash Beverage Group (SBEV) but lowers the price target from $2.5 to $1.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:10 am

Nuvve Holding Corp. shares plummeted by approximately 30% after reporting Q4 financial results significantly below market expectations. Other stocks experienced notable movements, with Vast Renewables and CXApp Inc. leading the gainers, while Eiger BioPharmaceuticals and Andretti Acquisition Corp. were among the biggest losers.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 6:31 pm

Splash Beverage's stock trades lower following the announcement of CFO Stacy McLaughlin's resignation.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 6:23 pm

Splash Beverage Group announced the resignation of its CFO effective March 29, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 6:22 pm

Splash Beverage Group, Inc. (SBEV) has announced a partnership with Armada Distributing to expand its distribution network. This collaboration aims to enhance the availability of Splash Beverage's product portfolio across new markets, potentially increasing sales and market presence.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 2:30 pm

Splash Beverage Group, Inc. has announced a partnership with Sea World Parks & Entertainment, making its Pulpoloco Sangria available at Sea World venues. This collaboration aims to enhance the beverage options available to visitors at Sea World parks, potentially increasing sales and visibility for Splash Beverage's product.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:01 pm

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