IT Tech Packaging : GameStop, Upstart Holdings among premarket losers' pack
July 08, 2022 at 08:44 am EDT
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GameStop, Upstart Holdings among premarket losers' pack
IT Tech Packaging (ITP)-57%oneffectiveness of reverse stock split.
American Rebel Holdings (AREB)-16%onpricing $13M securities offering.
Upstart Holdings (UPST)-16%aftercuts Q2 net loss, revenue guidance below estimates.
Grove Collaborative Holdings (GROV)-11%.
GameStop (GME)-5%afterCFO exit, looming layoffs.
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GameStop, Upstart Holdings among premarket losers' packNews Provided by SeekingAlpha via QuoteMedia
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IT Tech Packaging Inc. published this content on 08 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 July 2022 12:43:03 UTC.
IT Tech Packaging, Inc., formerly Orient Paper, Inc. is a holding company for the Hebei Baoding Orient Paper Milling Company Limited (Orient Paper HB), a producer and distributor of paper products in China. The Company is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. The Company, through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. The Company operates through two segments: Orient Paper HB, which produces printing paper and CMP, and Orient Paper Shengde, which produces digital photo paper. CMP is used in the manufacturing of cardboard. The Company has over two corrugating medium paper production lines, including PM6 and PM1. The Company also produces finished tissue paper products that are marketed and sold under the Orient Paper brand.