hometown international deli stock
The deli started trading as Hometown International in 2019 rising from about 125 a share to 1299 as of Fridays close. Deli owner Hometown International had its stock delisted by an over-the-counter markets firm.
This Tiny Nj Deli Has A 110 Million Market Cap How Do Stocks Get So Inflated Gobankingrates
According to the companys 10-K filed on March 26 2021 HWIN generated revenue of only 14 k in.
. The former lawyer Gregg Jaclin was copied on communications filed by deli owner Hometown International with the Securities and Exchange Commission in 2015 and 2016 records show. Lets take a closer look at HWINs financials to get a better handle on its prospects. Hometown is the parent company of a New Jersey deli that had a market valuation of 100 million.
The delis 100 million basic market capitalization comes from multiplying its 78 million shares outstanding by its last trading price 13 per share as of yesterdays close for a. The companys CEO is high school wrestling coach Paul Morina. Hometown International the New Jersey deli company that is valued at nearly 100 million on the stock market has ousted CEO Paul Morina according to a financial filing.
HWIN stock quote history news and other vital information to help you with your stock trading and investing. Hometown Internationals stock has soared over the past year giving it a market capitalization of a 100 million or more despite sales at its Paulsboro New Jersey deli of only about 35000. Hometown International which has a bizarre 100 million stock market capitalization despite owning just one small deli in New Jersey disavowed that valuation in a new financial filing Friday.
Hometown International Inc the deli in Paulsboro New Jersey that is a 100 million public company for very perplexing reasons had another good day yesterday. Hometown which owns a single deli in New Jersey and recorded annual revenue of just 14000 in 2020 sports a market valuation of about 100 million. Stock price hits 14 a share.
Hometown International stock suffers from a lofty valuation inexperienced management team and questionable governance. A New Jersey deli owners stock has tripled in the past year valuing it at 105 million. The SEC filing announcing the intended merger which was made by Hometown International under the new name Makamer Holdings did not reveal how.
The companys CEO is high school wrestling coach Paul Morina. As another example he cited a restaurant in rural New Jersey called Your Hometown Deli which despite making 13976 in revenue last year had somehow attained a value of 113 million on the stock. Unless otherwise indicated the business addressof each such person is co Hometown International Inc 500 W.
Was the subject of David Einhorns letter pointing out excess in the stock market. 5 th Street Suite 800 PMB 57 Winston Salem NC 27101. Hometown International Inc Stock Price Quote - OTC US - Bloomberg.
Hometown International Inc the deli in Paulsboro New Jersey that is a 100 million public company for very perplexing reasons had another good day yesterday. Hometown International the mystifying New Jersey deli company that is valued at nearly 100 million on the stock market despite running just a. It offers sandwiches soups salads deli meats and cheeses hot and cold drinks breads and rolls as well as breakfast.
After trading 27381 shares. The stock had mostly flown under the radar. Grocery Stores Full Time.
A company that owns a single deli in south New Jersey became worth more than 100 million on the stock market in recent months marking the latest oddity of the meme stock era. Hometown Internationals total sales were 36000 over the past two years. Find the latest Hometown International Inc.
Hometown International Inc Registered Shs Stock HWIN 1024 -376 -2686 Official Close 462022 NASO. Thepercentages below are. Engages in operating a delicatessen store.
The Paulsboro New Jersey-based Your Hometown Deli is the sole location for Hometown International which has an eye-popping market value despite totaling 35748 in sales in the last two years.
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