iMedia Brands stock soars after company to sell its assets to RNN National Media Group

seekingalpha2023-07-08

iMedia Brands (NASDAQ:IMBI) said on Friday that it had agreed to sell substantially all of its assets to an affiliate of RNN National Media Group. IMBI shares jumped +45.4% in after hours trading. ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment