Edison Nation Inc (EDNT) Stock News
NASDAQ:EDNT - Nasdaq -
EDNT Latest News, Press Relases and Analysis
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Edison Nation +9.7% PM on direct-to-consumer PPE initiative and Amazon update (NASDAQ:EDNT)
Edison Nation (NASDAQ:EDNT) launches direct to consumer personal protective equipment initiative via Amazon.Products launched include Purple Mountain Clean hand sanitizer and 5-pack disposable face masks, and Shower Lily, loofah handle.“Over the last 3 months, we’ve seen a 48% increase in Amazon sales as compared to the same period in 2019 as of result of continually increasing sales of our core brands. With the company’s entry into the direct-to-consumer market for PPE supplies, we anticipate that our sales will continue to increase over the coming quarters.” said CEO, Chris Ferguson.Shares +9.7% PM
Mentions: AMZN
RH, SLQT among premarket gainers
Yield10 Bioscience (NASDAQ:YTEN) +81%.Virtusa Corporation (NASDAQ:VRTU) +24% on merger agreement with BPEA for $51.35/share.RH (NYSE:RH) +17% on Q2 results.Edison Nation (NASDAQ:EDNT) +15% after launch of new products on Amazon.Rockwell Medical (NASDAQ:RMTI) +15% on exclusive license agreement with Jeil Pharmaceutical.Companhia Brasileira de Distribuicao (NYSE:CBD) +14% after company initiates spin-off of cash & carry business.SelectQuote (NYSE:SLQT) +12% on fiscal Q4 results.Streamline Health Solutions (NASDAQ:STRM) +12% on Q2 results.Socket Mobile (NASDAQ:SCKT) +10%.Sonoma Pharmaceuticals (NASDAQ:SNOA) +8% on launch of two new products in Australia.Penn National Gaming (NASDAQ:PENN) +6% on Ronosenblatt Securities report.DiamondPeak Holdings (NASDAQ:DPHC) +6%.Overstock.com (NASDAQ:OSTK) +7%.Veoneer (NYSE:VNE) +5%.Top Ships (NASDAQ:TOPS) +5%.Bed Bath & Beyond (NASDAQ:BBBY) +5%.
Edison Nation eyes growth on initial response of its PPE and hand sanitiser sales (NASDAQ:EDNT)
Edison Nation (NASDAQ:EDNT) has provided updates on recent commercial and government contracts wins with multiple orders for protective masks, hand sanitizer and nitrile gloves under its recently established Edison Nation Medical segment.The business has received a 3-year contract with a US County for its private label Purple Mountain Clean hand sanitizer, that is produced through Global Clean Solutions, LLC.Received an order for protective cloth masks for 100 locations within the Detroit Public Schools Community District."We have sales in all stages from initial request for quotations, awarded contracts and confirmed sales in varying stages of delivery," said CEO Chris Ferguson.Stock up 2.31% PM.
SRNE, MOS among premarket gainers
SilverSun Technologies (NASDAQ:SSNT) +386% on acquiring Prairie Technology Solutions.Alterity Therapeutics (NASDAQ:ATHE) +221% on prospects of lead drug in rare neurological disorder.Zhongchao (NASDAQ:ZCMD) +33% on renewing contract with Johnson & Johnson.YRC Worldwide (NASDAQ:YRCW) +27% on Q2 results.Cocrystal Pharma (NASDAQ:COCP) +21% on announcing the publication of preclinical animal studies of coronavirus antiviral compounds.Ossen Innovation (NASDAQ:OSN) +22%.Danaos (NYSE:DAC) +21% on Q2 results.Sphere 3D (NASDAQ:ANY) +23%.CHF Solutions (NASDAQ:CHFS) +19% on Q2 results.Urban One (NASDAQ:UONE) +16%.Broadway Financial (NASDAQ:BYFC) +14%.Edison Nation (NASDAQ:EDNT) +13% on update on Edison Nation Medical’s sales activity with government customers.DURECT (NASDAQ:DRRX) +12%.
Edison Nation capitalizes on growing e-commerce environment (NASDAQ:EDNT)
Amazon sales of Edison Nation (NASDAQ:EDNT) saw 75% Y/Y increase in April, +95% Y/Y in May and daily volumes rose close to Q4 holiday season.
Mentions: AMZN
Edison Nation, Inc. Reports Financial Results for the First Quarter Ended March 31, 2020, with Positive EPS
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Edison Nation to supply PPE in school and universities (NASDAQ:EDNT)
In order to contain the spread of COVID-19, Edison Nation (NASDAQ:EDNT) +14% PM established a sustainable infrastructure for providing appropriate PPE in schools and universities across the country.Cu
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