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BRC Stock Drops 18% On Lower Q4 Revenue

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Tuesday, BRC Inc. (BRCC) is down 18.02 percent, falling $0.45 to trade at $2.10 after reporting net revenue of $105.9 million, a decrease from $119.7 million in the same period last year for the fourth quarter.

The stock opened at $2.60 and has traded between $2.01 and $2.66 on Tuesday. Volume has reached 1.41 million shares, exceeding the average of 681,731. The 52-week range is $2.01 to $7.14.

The company posted a net loss of $6.7 million, improving from a $14.0 million loss a year ago.

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