Youngevity International Inc (NASDAQ: YGYI) is having an overwhelmingly strong day in the market today as news breaks that the company is going to take part in NASDAQ’s seventh annual Fit Week. Today, we’ll talk about the news, what we’re seeing from the stock as a result, and what we’ll be watching for ahead.
YGYI To Take Part In Fit Week
As mentioned above, Youngevity International is having a strong day in the market today after the company announced that it will be taking part in the celebration of NASDAQ’s seventh annual Fit Week. In fact, in celebration of the occasion, Steve Wallach, CEO at YGYI, and Dave Briskie, President and CFO at the company, will ring the NASDAQ opening bell.
Joining YGYI in this celebration will be the company’s Celebrity Ambassadors, Actress and Best-Selling Author Marilu Henner, and NFL Legend Drew Pearson. The event will take place at the Nasdaq MarketSite in Time Square on Wednesday, January 3rd.
What We’re Seeing From The Stock
The added publicity associated with Youngevity International’s involvement in Fit Week is definitely bringing on the investors. This can be seen by the strong gains we’re seeing in the stock today. At the moment (12:44), YGYI is trading at $4.88 per share after a gain of $0.74 per share (17.87%) thus far today.
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What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on YGYI. In particular, we’re interested in following the continued developments surrounding the company’s impressive brands. Specifically, we’re watching the CLR Roasters subsidiary, as we believe that this subsidiary provides tremendous value. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!
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