Streetbeat News

VINO

Gaucho Group Holdings, Inc.

https://www.gauchoholdings.com

Industry

Real Estate - Diversified

Gaucho Group Holdings, Inc., through its subsidiaries, invests in, develops, and operates real estate projects in Argentina. The company owns and operates boutique hotel, hospitality, and luxury vineyard property market; a resort and winery property, 9-hole golf course, tennis courts, dining, and a hotel. It also manufactures and sells leather goods, ready-to-wear and fashion products, and accessories through e-commerce platforms. The company was formerly known as Algodon Group, Inc. and changed its name to Gaucho Group Holdings, Inc. in March 2019. Gaucho Group Holdings, Inc. was incorporated in 1999 and is based in Miami, Florida.

Open

2.18

Mkt cap

1.2M

Volume

357K

High

2.25

P/E Ratio

-0.01

52-wk high

11.00

Low

1.27

Div yield

N/A

52-wk low

1.27

Gaucho Group Holdings, Inc. (NASDAQ:VINO) has filed for Chapter 11 reorganization to protect its core assets and ensure operational continuity amid legal challenges. The strategic move aims to safeguard its valuable properties, including Algodon Mansion and Algodon Wine Estates.

Portfolio Pulse from

November 13, 2024 | 4:45 pm

Gaucho Group Holdings, Inc. (NASDAQ:VINO) reported a 185% increase in year-to-date sales and a 40% rise in average sales price in its Argentine wine market. This indicates strong sales growth and increased pricing power.

Portfolio Pulse from

November 07, 2024 | 1:45 pm

The article highlights the intraday movements of several industrial stocks on Thursday. Notable gainers include Pineapple Energy, ATIF Holdings, and Mynaric, while significant losers include Gaucho Group Holdings, ShiftPixy, and Albany Intl.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 4:30 pm

Gaucho Group Holdings, Inc. (NASDAQ:VINO) has partnered with Giannone Wine & Liquor Co to expand the distribution of its Algodon Fine Wines in the U.S. This partnership will enhance the presence of Gaucho's wine brand in key markets by using Giannone as the e-commerce fulfillment center.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:37 pm

Gaucho Group shares rise following the announcement of a corporate restructuring and cost reduction strategy, expected to save $1.6 million over the next year.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:00 pm

Gaucho Group Holdings, Inc. (NASDAQ:VINO) is implementing a corporate restructuring and cost reduction strategy to leverage Argentina's economic reforms. The company projects $1.6 million in savings over the next 12 months by shifting operations to Argentina, benefiting from lower labor costs and a skilled workforce. These changes are expected to enhance operational efficiency, boost e-commerce, and strengthen real estate ventures.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:21 pm

Gaucho Group Holdings has expanded its retailer network for Algodon Fine Wine by adding Barrel & Wines. This move is part of their strategy to increase market presence and distribution channels.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:34 pm

The article highlights the pre-market movements of 12 industrial stocks on Thursday. Momentus (MNTS) saw the highest gain with a 53.8% increase, while Globavend Holdings (GVH) experienced the largest decline at 17.5%. Other notable gainers include Gaucho Group Holdings (VINO) and American Superconductor (AMSC), while Northann (NCL) and Pineapple Energy (PEGY) were among the losers.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 12:06 pm

Gaucho Group Holdings, Inc (NASDAQ:VINO) has launched a new fintech mortgage lending division, Gaucho Open Asset Lending (GOAL), to provide self-financed mortgage options for its luxury vineyard real estate project, Algodon Wine Estates. The company aims to generate $80M-$100M in revenue from vineyard lot sales and plans to expand GOAL's services across Argentina.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 11:30 am

Gaucho Holdings has announced the launch of a new fintech financing arm called 'GOAL,' which aims to expand beyond the company's assets and potentially disrupt traditional lending in Argentina.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:30 am

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