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2021-11-26

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Why Vinco Ventures Stock Is Diving Today

Vinco Ventures Inc (NASDAQ: BBIG) is trading significantly lower Tuesday after the company announced third-quarter financial results that declined year-over-year.

Why Vinco Ventures Stock Is Diving Today

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The company reported quarterly revenue of $2.23 million, which was down from $2.52 million year-over-year.</p>\n<p>Vinco Ventures said the revenue decrease was primarily driven \"by the decrease in sales of personal protective equipment in the Edison Nation Medical division.\"</p>\n<p>The company announced that cash, cash equivalents and restricted cash totaled $149.9 million at the end of the quarter. </p>\n<p>\"We are very pleased with our operational developments in the quarter, which included key building blocks of our strategy to create a global media and content platform,” said <strong>Lisa King</strong>, CEO of Vinco Ventures.</p>\n<p><em>From Last Month: 5 Short Squeeze Candidates To Watch: Progenity, Vinco Ventures And More</em></p>\n<p>Vinco Ventures is a vertically-integrated, end-to-end, consumer product research and development, manufacturing, sales and fulfillment company.</p>\n<p><strong>BBIG Price Action:</strong> Vinco Ventures has traded as high as $12.49 and as low as $1.11 over a 52-week period.</p>\n<p>The stock was down 21.70% at $3.06 at time of publication.</p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Vinco Ventures Stock Is Diving Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Vinco Ventures Stock Is Diving Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-11-24 04:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Vinco Ventures Inc</strong> (NASDAQ:BBIG) is trading significantly lower Tuesday after the company announced third-quarter financial results that declined year-over-year.</p>\n<p>Vinco Ventures reported a quarterly earnings loss of $7.59 per share, which was down from a loss of 30 cents per share year-over-year. The company reported quarterly revenue of $2.23 million, which was down from $2.52 million year-over-year.</p>\n<p>Vinco Ventures said the revenue decrease was primarily driven \"by the decrease in sales of personal protective equipment in the Edison Nation Medical division.\"</p>\n<p>The company announced that cash, cash equivalents and restricted cash totaled $149.9 million at the end of the quarter. </p>\n<p>\"We are very pleased with our operational developments in the quarter, which included key building blocks of our strategy to create a global media and content platform,” said <strong>Lisa King</strong>, CEO of Vinco Ventures.</p>\n<p><em>From Last Month: 5 Short Squeeze Candidates To Watch: Progenity, Vinco Ventures And More</em></p>\n<p>Vinco Ventures is a vertically-integrated, end-to-end, consumer product research and development, manufacturing, sales and fulfillment company.</p>\n<p><strong>BBIG Price Action:</strong> Vinco Ventures has traded as high as $12.49 and as low as $1.11 over a 52-week period.</p>\n<p>The stock was down 21.70% at $3.06 at time of publication.</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1156":"资产管理与托管银行","BBIG":"Vinco Ventures, Inc.","08340":"紫荆国际金融"},"source_url":"https://www.benzinga.com/news/earnings/21/11/24258989/why-vinco-ventures-stock-is-diving-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185533372","content_text":"Vinco Ventures Inc (NASDAQ:BBIG) is trading significantly lower Tuesday after the company announced third-quarter financial results that declined year-over-year.\nVinco Ventures reported a quarterly earnings loss of $7.59 per share, which was down from a loss of 30 cents per share year-over-year. The company reported quarterly revenue of $2.23 million, which was down from $2.52 million year-over-year.\nVinco Ventures said the revenue decrease was primarily driven \"by the decrease in sales of personal protective equipment in the Edison Nation Medical division.\"\nThe company announced that cash, cash equivalents and restricted cash totaled $149.9 million at the end of the quarter. \n\"We are very pleased with our operational developments in the quarter, which included key building blocks of our strategy to create a global media and content platform,” said Lisa King, CEO of Vinco Ventures.\nFrom Last Month: 5 Short Squeeze Candidates To Watch: Progenity, Vinco Ventures And More\nVinco Ventures is a vertically-integrated, end-to-end, consumer product research and development, manufacturing, sales and fulfillment company.\nBBIG Price Action: Vinco Ventures has traded as high as $12.49 and as low as $1.11 over a 52-week period.\nThe stock was down 21.70% at $3.06 at time of publication.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["AONE.U"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":11,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}