Streetbeat News

UPXI

Upexi, Inc.

https://www.upexi.com

Industry

Internet Content & Information

Upexi, Inc. manufacture and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc. and changed its name to Upexi, Inc. in August 2022. Upexi, Inc. was incorporated in 2018 and is headquartered in Clearwater, Florida.

Open

4.26

Mkt cap

4.1M

Volume

74K

High

4.30

P/E Ratio

-0.16

52-wk high

33.00

Low

3.86

Div yield

N/A

52-wk low

2.17

Crude oil prices surged over 2% as U.S. stocks showed mixed performance. Newell Brands shares spiked 21% after positive Q3 results and raised 2024 guidance. Tapestry shares rose 13% despite a blocked acquisition of Capri, whose shares fell 48%. Joby Aviation and Evolv Technologies also saw significant stock movements.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 7:14 pm

U.S. stocks showed mixed performance with the Nasdaq gaining over 1%. Colgate-Palmolive reported better-than-expected earnings, while Capri Holdings faced a legal setback in its acquisition by Tapestry. Upexi, Inc. saw a significant stock price surge amid potential manipulation concerns.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 4:33 pm

Several consumer staples stocks experienced significant price movements during Friday's intraday session. Upexi (UPXI) saw a remarkable increase of 214.4%, while Top Wealth Group (TWG) faced a substantial decline of 83.6%. Other notable gainers included Rocky Mountain Chocolate (RMCF) and China Jo-Jo Drugstores (CJJD), while Blue Star Foods (BSFC) and Sadot Group (SDOT) were among the losers.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 4:31 pm

Upexi, Inc. (NASDAQ:UPXI) shares surged over 300% on Friday following the company's announcement of a review into potential stock manipulation related to a recent 12-for-1 reverse stock split. The trading volume was significantly higher than average, with a notable increase in the number of shareholders.

Portfolio Pulse from Dylan Berman

October 25, 2024 | 3:00 pm

The Nasdaq surged over 200 points, with the Dow and S&P 500 also rising. AutoNation reported disappointing earnings, missing both EPS and sales estimates. Upexi's stock soared due to potential stock manipulation review, while Capri Holdings dropped after a judge blocked its acquisition by Tapestry.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 2:40 pm

Upexi shares have risen following the company's announcement that it is reviewing recent trading activity for potential stock manipulation.