Monday, September 27, 2021

Cricut, Inc (CRCT) Stock Price Rising Amidst Government Lockdowns

Cricut, Inc (CRCT) stock prices are up a very promising 14.30% as of market open on April 19th, 2021, hitting USD$22.86 per share.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


What does CRCT do?

With a dedicated user base of more than 4 million users around the world, CRCT is dedicated to facilitating DIY projects through its creative technology platform. The company aims to translate its consumers creative potential into innovative and personalized handmade projects that look professionally crafted. Among its cutting-edge product lineup is its flagship line of smart cutting machines which sets the company apart from and ahead of many of its competitors.

Initial Public Offering


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


CRCT announced on March 24th, 2021 that it would be conducting its initial public offering after gaining Nasdaq compliance to be listed as a public stock. Of the 15,314,903 shares of its Class A common stock, 13.25 million are offered by CRCT while 2,064,903 shares are offered by existing shareholders. The price of each share as per the public offering is set at USD$20 per share. Underwriters also have a 30-day option to buy an additional 2,297,235 shares of its Class A common stock for the same price in the case of over-allotments. The shares began trading on March 25th, 2021 on the Nasdaq Global Select Market, with a closing date of March 29th, 2021.

CRCT Favored by Analysts

Many analysts are eyeing CRCT with an appreciative eye, citing how differentiated their creative platform is and how accomplished the management team is. Share prices are also lower than that of other peer consumer-connected platforms, which many think will be key in driving profitability. CRCT seems poised to benefit from the growth of the traditional crafting market, especially with the support of its highly engaged consumer base.

The Future for CRCT

With so many people home bound because of the pandemic and government mandates, there is a lot of room for growth for CRCT. Notably, they have not yet penetrated the international market, which is a metaphorical goldmine for the company. With their Q1 2021 financial reports expected on May 13th, many potential investors will be keeping an eye on CRCT stock in the hopes of getting in on the lucrative future that could be in store.

Latest news

What Led The Viper Networks (VPER) Stock To Increase 16% On Friday?

At the previous close, Viper Networks Inc was soaring at $0.0150 as it gained 16.28%. There were 103.98M shares traded for VPER stock...

Has IPIX Stock Risen Last Session For A Reason?

Innovation Pharmaceuticals Inc recorded a gain of 14.67 percent to $0.2626 at the previous close. Volume in IPIX stock was 2.34M compared to...

What Caused Valiant Eagle (PSRU) Stock to Skyrocket Last session rising 91%?

The shares of Valiant Eagle, Inc. (OTCPink: PSRU) ended the day up 91.55 percent at $0.0136, and have been fluctuating in price between $0.0138...

PagerDuty Inc. (PD) Generates $67.5 Million Revenue in Q2

Cloud software provider PagerDuty Inc. (NYSE: PD) released its second-quarter report last week. The company beat Wall Street predictions in terms of revenue and...

Related news

What Led The Viper Networks (VPER) Stock To Increase 16% On Friday?

At the previous close, Viper Networks Inc was soaring at $0.0150 as it gained 16.28%. There were 103.98M shares traded for VPER stock...

Has IPIX Stock Risen Last Session For A Reason?

Innovation Pharmaceuticals Inc recorded a gain of 14.67 percent to $0.2626 at the previous close. Volume in IPIX stock was 2.34M compared to...

What Caused Valiant Eagle (PSRU) Stock to Skyrocket Last session rising 91%?

The shares of Valiant Eagle, Inc. (OTCPink: PSRU) ended the day up 91.55 percent at $0.0136, and have been fluctuating in price between $0.0138...

PagerDuty Inc. (PD) Generates $67.5 Million Revenue in Q2

Cloud software provider PagerDuty Inc. (NYSE: PD) released its second-quarter report last week. The company beat Wall Street predictions in terms of revenue and...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1745

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam