Turning Point Brands, Inc. (TPB) Prelim. Q2 Revenue Tops Views
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July 9, 2020 9:53 AM EDT
Cowen analyst Vivien Azer raised the price target on Turning Point Brands (NYSE: TPB) to $31.00 (from $29.00) while maintaining an Outperform rating.
The analyst commented, "In connection with a secondary equity offering, TPB pre-announced 2Q20 revenues of $100+ mm, well above its... More
July 9, 2020 5:54 AM EDT
Turning Point Brands, Inc. (NYSE: TPB) today announced the pricing of the previously announced underwritten public offering of 1,800,000 shares of Company common stock by Standard Diversified Inc. (NYSE: SDI) and an aggregate of 200,000 shares of Company common stock by funds affiliated with Standard General... More
July 8, 2020 4:04 PM EDT
Turning Point Brands, Inc. (TPB or the Company) (NYSE: TPB), a leading provider of Other Tobacco Products and adult consumer alternatives, today announced the proposed underwritten public offering of 1,800,000 shares of Company common stock by Standard Diversified Inc. (SDI) and an aggregate of 200,000 shares of Company common stock by funds affiliated with Standard General L.P. (the Standard General Funds and, together with SDI, the Selling Stockholders). Such offer and sale are and will be made pursuant to that certain Registration Statement on Form S-3 declared effective by the Securities and Exchange Commission on July 20, 2017 (Registration No. 333-219114).... More
