#Sequential brands stock full#
#Sequential brands stock license#

On February 28, 2018, Sequential Brands announced its fourth quarter and full year 2017 financial results, which belatedly announced the goodwill adjustment of a 'non-cash charge of $304.1 million.' On this news, Sequential Brands' stock price fell $6.08 per share to close at $76.00 per share on February 28, 2018. In avoiding the write down of its goodwill in late 20, Sequential Brands materially understated its operating expenses and net losses and overstated its income from operations, goodwill, and total assets. (SQBG) Misled Shareholders About Its Income From Goodwill, Operations, and AssetsĪccording to the complaint, Sequential Brands knew as early as December 14, 2016, that it was 'more likely than not' that its goodwill was impaired, but failed to record an impairment charge to its goodwill. If you suffered a loss due to Sequential Brands Group, Inc.'s misconduct, click here. Sequential Brands owns various consumer brands, which it promotes and markets through various distribution channels, including retailers, wholesalers, and distributors. (NASDAQ: SQBG) filed a class action complaint against the Company and its officers and directors for alleged violations of the Securities Exchange Act of 1934 between Novemand December 11, 2020.

#Sequential brands stock license#

It generates revenues from the United States through license agreements.Ĭlick Here to get the full Stock Report for Sequential Brands Group Inc stock.SAN DIEGO & NEW YORK-( BUSINESS WIRE)-Shareholder rights law firm Robbins LLP announces that a purchaser of Sequential Brands Group, Inc. The company licenses brands to both wholesale and direct-to-retail licensees. Its brands include Martha Stewart, Jessica Simpson, Emeril Lagasse, AND1, Revo, and Ellen Tracy. Sequential Brands Group Inc own, manage and license a portfolio of consumer brands in the home, active and fashion categories. To see InvestorsObserver's Sentiment Score for Sequential Brands Group Inc click here. So far 435,378 shares have traded compared to average volume of 2,612,258 shares. The stock has traded between $6.33 and $7.35 so far today.

Sequential Brands Group Inc (SQBG) stock is trading at $6.54 as of 11:19 AM on Wednesday, Sep 8, a drop of -$0.91, or -12.21% from the previous closing price of $7.45. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.įor stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. At the core, sentiment is pretty easy to understand. There are lots of ways to measure sentiment. Sentiment is how investors, or the market, feels about a stock. There is no information about the health of profitability of the underlying company in our sentiment score.Īs a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is a very short-term indicator that is entirely technical. See Full SQBG Report What is Stock Sentiment?