Do These Companies’ Best Days Lie Ahead? American Apparel Inc.(NYSEMKT:APP), American Green Inc(OTCMKTS:ERBB), and DISH Network Corp(NASDAQ:DISH)
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American Apparel Inc.(NYSEMKT:APP) gained five cents during yesterday’s trading, a 5.64% increase in value that moved the stock to a closing price of $0.935. The California-based clothing company’s trading volume of 2,002,320 was notably lower than its three month average of 5,378,720. American Apparel reported its second quarter financial results after the markets closed on Monday afternoon, . The company recorded an adjusted EBITDA of $14.6 million, an 85% increase from its mark of $7.9 million for the same period during the previous fiscal year. The stock gained an additional $0.005 during after-hours trading.
American Green Inc(OTCMKTS:ERBB) saw its value decline by 5.59% during yesterday’s trading as the stock lost $0.0008. Finishing the day at a closing price of $0.0135, the stock’s current mark remains significantly below its 52 week high of $0.22. The Arizona-based company, which has developed the ZaZZZ automated dispensary vending machine, has a market capitalization of $52 million and 3.85 billion tradable shares. American Green recorded a trading volume of 25,258,547 during the day.
DISH Network Corp(NASDAQ:DISH) saw its value increase by twenty-seven cents during yesterday’s trading as the stock moved to a closing price of $65.04. The figure is just $2.46 below the company’s 52 week high of $67.50. The Colorado-based company, which provides satellite television services in the United States, enjoyed today’s substantial increase despite the news that nearly 300,000 United States homes had dumped their pay-TV services during the second quarter. In more positive news for the company, DISH Network announced that it had accepted its first bitcoin payment on Aug. 14th.
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