Plus   Neg

Live Ventures Pulls Back Off Highs But Remains Firmly Positive

After moving sharply higher early in the session, shares of Live Ventures (LIVE) have pulled back well off their best levels but remain firmly positive in afternoon trading on Thursday. Live Ventures is currently up by 64.8 percent after reaching its best intraday level in a year.

The early rally by Live Ventures came after the diversified holding company reported full year 2017 revenues of $152.0 million, an increase of 92 percent over the previous year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ford Motor Co. plans to launch an all-electric plugin version of its popular F-150 pickup truck. The announcement was made by Jim Farley, Ford's president of Global Markets, during a presentation at the Deutsche Bank Global Automotive Conference in Detroit. Ford's announcement comes as the auto industry transitions away from fossil fuel-powered transportation to electric vehicles. Logistics giant UPS' investment arm Strategic Enterprise fund made an equity investment in blockchain-for-business company Inxeption Corp. In a statement, Inxeption, an industrial-strength eCommerce platform built on Blockchain, said the investment will be used to create innovative new e-commerce solutions for B2B sellers and buyers. Children's clothing retailer Gymboree Group, Inc. has again filed for Chapter 11 bankruptcy protection, the second time in nearly two years. The company will close more than 800 Gymboree and Crazy 8 stores in the U.S. and Canada. The San Francisco-based retailer said that along with its U.S. subsidiaries, it has filed a petition in the U.S. Bankruptcy Court for the Eastern District of Virginia.
Follow RTT