Shares of Live Ventures Inc. (LIVE) surged over 160% on Wednesday morning driven by the specialty retail company's annual results.
LIVE is currently trading at $33.08, up $20.53 or 163.59%, on the Nasdaq.
Live Ventures reported revenues of $191.7 million, net income of $10.9 million, and earnings per share of $6.40.
"For fiscal 2020 overall, Live Ventures recorded a strong performance," said Jon Isaac, Live Ventures' President and CEO. "In a time of pandemic lockdowns, political turmoil, and social unrest, our companies took strategic actions to make acquisitions and grow, or as conditions required, to retrench and take advantage of closures to streamline operations."
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.