PSQ up after deal to sell EveryLife brand for $5.5 million
PSQH•Stock performance
As of the last close, PSQH is down nearly 78% year to date.
Sale supports focus on core business
PSQ says the sale is part of its strategy to divest non-core assets, generate non-dilutive cash and sharpen its focus on its payments and financial infrastructure business.
PSQ shares rise after EveryLife sale agreement
Shares of digital platform PSQ Holdings rise nearly 8% to about $3.3180 after the company says it has entered a definitive agreement to sell its direct-to-consumer diaper and baby products brand EveryLife to FreeHold Brands for $5.5 million in an all-cash deal.
