1 Vinco Ventures Inc. (NASDAQ: BBIG) stock lost 11.42% of its trading price on July 26. 2 On the July 25 trading session, sellers overruled buyers and dragged the price to $4.01. 3 Vinco Ventures owns 80% of Lomotif Private Limited (Lomotif), a video-sharing social networking pla...
- 1 Vinco Ventures Inc. (NASDAQ: BBIG) stock lost 11.42% of its trading price on July 26.
- 2 On the July 25 trading session, sellers overruled buyers and dragged the price to $4.01.
- 3 Vinco Ventures owns 80% of Lomotif Private Limited (Lomotif), a video-sharing social networking platform.
Vinco Ventures Inc. (NASDAQ: BBIG) stock lost 11.42% of its trading prices on the July 26 trading session; it opened trading at $4.33, lowered to $3.80. It hit a high of $4.40 and closed at $3.88 with intraday trading volume of 2.153 Million.
Moreover, in the weekly time frame, BBIG stock price added 42.65% to its trading prices, and in the monthly time frame, its price grew more than 187.41%. In 52 weeks, Vinco Ventures Inc. stock’s lowest traded price was $1.12, and its highest trading price was $38.80.
On July 24, 2023, trading session, buyers succeeded in pulling the price to $5.90, but failed to sustain at higher levels. However, sellers overruled buyers in the July 25 trading session and dragged the price to $4.01.
In the past two trading sessions, sellers continued ruling over buyers and dragged the price below the expected support level. BBIG stock opened 5.93% higher in the pre-market trading session than the last closing price.
Vinco Ventures Inc. (NASDAQ: BBIG) stock’s market capitalization is $48.304 Million, and its stock average volume is 7.627 Million. In 2021, the company’s market capitalization was quite close to $1 Billion and in 2022, it slipped over 66.70%.
Vinco Ventures Inc. (NASDAQ: BBIG) Earnings & Revenue
In Q1 2023, the revenue of Vinco Ventures was $11.53 Million, from which the company’s net income was -$372.95 Million with a profit margin of -3233.24%. Similarly, in Q2 and Q3 2023, the company’s reported revenue was $10.37 Million and $5.56 Million respectively.
According to TradingView, 12.449 Million BBIG shares are free-floating, and 60.529k are closely held by the company’s financial backers or the board of directors. According to data from Crunchbase, the company has raised $50 Million in funding.
Vinco Ventures, Inc. is a corporation that specializes in digital media and content technologies. Vinco Ventures owns 80% of Lomotif Private Limited (Lomotif), a video-sharing social networking platform dedicated to democratizing video creation.
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