Reeds Stock News

Former Goldman Sachs Group Inc (NYSE: GS ) hedge fund executive Raoul Pal says that the crypto market is growing at 137% a year while the internet grew at 76%. Based on data from Crypto.com, the World Bank, and Global Macro Investor himself, Pal says that even if the growth of the crypto economy slows to the same pace that the internet expanded, the crypto industry is heading to a staggering five billion users by 2030. We updated our well known chart of crypto adoption vs the internet (both starting at 5m users). 2021 was an accelerating growth year and the Reed''s Law effect of networks built upon networks creating even more exponentiality is clear… pic.twitter.com/MiLu3nPTPV — Raoul Pal (@RaoulGMI) March 12, ... Full story available on Benzinga.com

Reed’s (REED) is up 1.15% pre-market after announcing a ~$5.3M stock and warrant private offering.The company entered into securities purchase agreements with certain institutional…

NORWALK, Conn., March 10, 2022 (GLOBE NEWSWIRE) -- Reed''s, Inc. ® (NASDAQ: REED ) ("Reed''s" or the "Company"), owner of the nation''s leading portfolio of handcrafted, all-natural ginger beverages, today announced that it has entered into securities purchase agreements with certain institutional and accredited investors to raise approximately $5.3 million in a private placement through the issuance of an aggregate of approximately 18 million shares of common stock and warrants to purchase up to an aggregate of approximately 9 million shares of common stock. Officers and directors of the Company agreed to purchase approximately $1.1 million of the securities in the offering. The purchase price per share of common stock and associated warrant was $0.28 for the investors (other than officers and directors of the Company) and $0.3502 for the officers and directors of the Company in compliance with the rules of the Nasdaq Stock Market. Each whole warrant entitles the holder to purchase one share of common stock at an exercise price of $0.2877 per share.

Saima Mohsin (who steps in for Ian King) speaks to the boss of job site Reed, as wage growth in the UK struggles to keep up with increasing inflation. She''ll also hear how record fuel prices are having an impact on industry and will find out more about the world''s first virtual fashion week.

Reed’s (REED) jumped 7% postmarket after it reported prelim. Q4 and FY21 results.Q4 net revenue is expected to increase ~19% Y/Y to $12.7M vs

- Preliminary Q4 2021 Net Revenue up 19% to Approximately $12.7 Million -

Sprouts to Carry 16 New Reed’s® SKUs Across All 376 Stores Nationwide Sprouts to Carry 16 New Reed’s® SKUs Across All 376 Stores Nationwide

Initial Launch Includes Distribution to 28 Locations Throughout the Southeast Initial Launch Includes Distribution to 28 Locations Throughout the Southeast

Pune, India, Jan. 06, 2022 (GLOBE NEWSWIRE) -- The global reed switch market was valued USD 520.13 million in 2021 and is projected to grow at a CAGR of 8.36% during the forecast period, as per a detailed market study by Quince Market Insights . Reed switches are electrical switches that are operated by a magnetic field. They are used in a broad spectrum of applications. Technological advancements in sensor and switch technologies will open new avenues for this market in the coming years. Rising demand for advanced switch sensor technology in a variety of industries, such as medical, aerospace & defense, security, telecommunications, transportation, and utilities, is also driving the market. Reed switches are employed in these industries to sense and detect movement, metal detection, proximity sensing, liquid level monitoring, and flow measurement, among other things. These switches have a low power consumption, making them suitable for a wide range of battery-powered applications, and they come in a variety of sizes and power ratings up to 100W.

Reeds Inc (REED) shares closed today at 0.2% above its 52 week low of $0.35, giving the company a market cap of $33M. The stock is currently down 39.4% year-to-date, down 42.6% over the past 12 months, and down 91.2% over the past five years. This week, the Dow Jones Industrial Average rose 2.6%, and the S&P 500 rose 3.0%. Trading Activity Trading volume this week was 16.8% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -233.5% The company's stock price performance over the past 12 months lags the peer average by -245.0% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

In last trading session, Reeds Inc. (NASDAQ:REED) saw 0.4 million shares changing hands with its beta currently measuring 1.35. Companys recent per share price level of $0.37 trading at -$0.01 or -0.90% at ring of the bell on the day assigns it a market valuation of $35.15M. That closing price of REEDs stock is at Reeds Inc. (NASDAQ:REED) -2.00% Down Over Last Week, What Happens Next? Read More »

Zero Sugar Classic Mule is now available in Kalamazoo, Michigan Zero Sugar Classic Mule is now available in Kalamazoo, Michigan

Zero Sugar Classic Mule is now available in Kalamazoo, Michigan Zero Sugar Classic Mule is now available in Kalamazoo, Michigan

Reeds Inc. (NASDAQ:REED)s traded shares stood at 1.11 million during the last session, with the companys beta value hitting 1.31. At the close of trading, the stocks price was $0.48, to imply a decrease of -5.27% or -$0.03 in intraday trading. The REED shares 52-week high remains $1.68, putting it -250.0% down since that peak Reeds Inc. (NASDAQ: REED) Has Fallen -250.0% From Its Highs, What Comes Next? Read More »