Blyth Inc. (BTH) announced Thursday morning that ViSalus has filed a registration statement on Form S-1 with the SEC for a potential initial public offering of its Class A common stock. Blyth said it will continue to own over 50% of ViSalus' common stock following the IPO.
Blyth gapped open dramatically higher Thursday, but gave back some of its gains in the first half of the morning. The stock ended the session higher by 6.27 at $43.36 on the highest volume of the year. Blyth closed challenging resistance at the highs of the year, trading at a 3 1/2 month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.