Alliance Entertainment Holding Co. (NASDAQ:AENTW – Get Free Report) rose 10.3% during mid-day trading on Thursday . The stock traded as high as $0.4050 and last traded at $0.3970. Approximately 1,160 shares were traded during trading, a decline of 94% from the average daily volume of 20,677 shares. The stock had previously closed at $0.36.
Alliance Entertainment Stock Down 2.0%
The business’s 50 day moving average is $0.52 and its 200-day moving average is $0.63.
Alliance Entertainment Company Profile
Alliance Entertainment, traded on the NASDAQ under the ticker AENTW, is a leading wholesale distributor of home entertainment products in North America. The company specializes in sourcing and distributing a broad range of physical media, including DVDs, Blu-ray discs, CDs, vinyl records, video games and related consumer electronics accessories. With an extensive catalog and long-standing relationships with studios, record labels and publishers, Alliance Entertainment serves a diverse customer base that spans traditional retailers, internet merchants and specialty outlets.
Beyond core distribution, Alliance Entertainment provides a suite of integrated supply chain and e-commerce fulfillment services.
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