LIVE Stock: From $31.61 To $33.59 (6.26% Increase) Pre-Market Explanation

By Amit Chowdhry ● May 4, 2021
  • The stock price of Live Ventures Inc (NASDAQ: LIVE) increased from $31.61 to $33.59 (up 6.26%) pre-market. This is why it happened.

The stock price of Live Ventures Inc (NASDAQ: LIVE) increased from $31.61 to $33.59 (up 6.26%) pre-market. Investors are responding positively to Live Ventures announcing the preliminary record quarterly revenue for the second fiscal quarter ended March 31, 2021.

The company is expecting revenues for the quarterly period ended March 31, 2021 to be in the range of $68 million to $72 million, representing an increase of 46-55% compared to the same period last year.

KEY QUOTE:

“We experienced strong performance across our platform. And we are excited to share our potential record performance in full on May 17th.”

— Live Ventures’ President and Chief Executive Officer Jon Isaac 

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.