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NewAge, Inc. (NBEV)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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2.6400+0.0100 (+0.38%)
As of 3:02PM EST. Market open.
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  • m
    mike
    With today’s PR, I’m curious if the corporation is consolidating all its operations in Utah later this year. We know from the U-tube videos that BW has been spending his work week in Utah and going home to Denver for the weekend to spend time with his family. If this is true, perhaps Greg Gould has decided not to go with the move to Utah. Looking forward to the earnings call later this month, which should provide some color on the rest of 2021.
  • T
    THE G
    Isn't tomorrow earnings? NYSE up over 600pts today and this treatment plant floater doing nothing. After earning will this stinker settle below 1.75?
  • W
    Wazir
    Buy in the dip before ER. Why would BW release a new acquisition news 1 week before ER? Obviously, he know the Q4 result is better than expected.... More news coming soon. like a saw a week ago a new acquisition was underway.
  • L
    Lance
    Never understood why critics of the stock comment about it. Don't you Peeps have something better to do...like maybe make some money elsewhere?
  • d
    david
    today's elixir count, 1382 noni products on alibaba, even more on Amazon. most offer pure noni, not diluted with grape juice like new age does. if you were a savvy shopper, why buy it from a company boasting 68% gross profits on such a product ? only a matter of time folks, paying a friend 40% more.for something you can buy online in Asia, Europe, USA for much less.
  • H
    H
    Huh? must be a typo.

    "Refinitiv/Verus upgrades NEWAGE ORD SHS from HOLD to BUY.
    BY Investars Analyst Actions - public
    — 12:02 PM ET 03/01/2021
    On March 1, 2021 Refinitiv/Verus upgraded NEWAGE ORD SHS from HOLD to BUY."
  • d
    david
    mr Gould joins a lengthy list of staff gone by the wayside after being used a pump... what is a " chief people officer ". more is rotten in the kitchen folks. last time they dropped the entire beverage lines after claiming to be the world's fastest growing with certain profits.. better hope voting shares balance out and scratch there problem out..
  • p
    paul
    I don’t understand all the negativity, if you’re here that means you own the stock. If you’re so bearish sell and move on. I’d rather hold with optimism about NBEV going much higher
  • T
    THE G
    Wazir must sniff the board of directors taints before each post in here.
  • M
    Mark
    DENVER, Feb. 16, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending to become the world’s leading social selling and distribution company today announced that it anticipates net revenue for the fourth quarter of 2020 to be in the $90 million dollar range, Gross Margin in the 64% – 68% range, with EBITDA to be around breakeven. The company will report its fourth quarter and full-year results on March 16, 2021.
    Brent Willis, Chief Executive Officer of NewAge, commented, “We are pleased that our anticipated fourth quarter revenue will be higher than we anticipated and significantly above expectations. We are seeing strong growth coming from our European and Americas regions and are also seeing renewed growth in Japan, our largest market. Our global sales force of independent brand partners continue to adapt to the new way of operating an e-commerce business from home, the new multifunctional hub. The convergence between NewAge and ARIIX is also beginning to deliver results and we are on track to achieve our committed cost synergies and deliver positive EBITDA in 2021 as our growth and cost savings translate to positive net income and free cash flow.”
    Bearish
  • M
    Mark
    NewAge and Aliven have been evaluating a partnership over the past months that culminated in the signing of a letter of intent and an expected signing of a definitive agreement in the coming weeks. Consideration for the acquisition of Aliven is approximately 1 million shares of NewAge common stock. Completion of the proposed transaction is subject to negotiation and execution of a definitive agreement and the satisfaction of customary conditions to closing.
    Bearish
  • Y
    Yean
    Weird stock, a lot of haters and yet it can go up and down 5-10%.
    Neutral
  • T
    THE G
    announced that it has entered into an agreement to acquire Aliven Inc., "still waiting for that first quarter of profit"???
  • j
    joe
    We are in beverages sector not tech bubbles, rotation from tech to household goods sector, financial sector, oil gas sector, traveling sector, transportation sector
  • W
    Wazir
    Virginia Becomes First Southern State to Pass Legislation to Legalize Marijuana
    slate.com
  • c
    col
    In the disclosure there was nothing about the suspension of Ariix in Japan. Pretty telling about the transparency of the management. So revenues are falling in China and the suspension of Japan affect on revenues won't show up till the next report.
    Bearish
  • k
    kurt
    BW may be the lowest rated and ranked ceo for public company’s !!!
  • R
    Robinho
    The private placement was more than likely to raise cash for future operations / acquisitions. This is the last chance to buy at these levels.
  • M
    Mark
    DENVER, Feb. 16, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company with a global network of independent brand partners and distributors today announced that it has entered into a definitive agreement with investors to purchase 14.6 million shares of common stock in a private placement priced at-the-market under Nasdaq rules. The purchase price for the shares of common stock is $3.96.
    The gross proceeds from the private placement are expected to be $58 million before deducting placement agent fees and other estimated offering expenses. As part of the private placement, investors will receive warrants to purchase up to 7.3 million additional shares at $5.00 per share, a 28% premium to the most recent closing price.
    The private placement is expected to close on or
    Bearish