Shares of Whole Earth Brands, Inc. (OTCMKTS:ACTTU – Get Free Report) dropped 3.9% during mid-day trading on Wednesday. The company traded as low as $12.50 and last traded at $13.05. Approximately 5,600 shares traded hands during trading, an increase of 25% from the average daily volume of 4,487 shares. The stock had previously closed at $13.58.
Whole Earth Brands Stock Performance
The business has a 50-day simple moving average of $13.05 and a 200-day simple moving average of $13.05.
Whole Earth Brands Company Profile
Whole Earth Brands, Inc is a global food company focused on plant-based sweeteners, flavor-enhancement products and other pantry staples. Its portfolio has included natural and zero-calorie sweeteners, sugar alternatives, syrups, baking ingredients and related consumer food products.
The company has marketed products under brands including Whole Earth, Wholesome, Swerve, Pure Via, Equal and Canderel, although brand availability and ownership may vary by market. Its products are sold through retail, foodservice and industrial channels, serving consumers and commercial customers seeking reduced-sugar, organic or plant-based alternatives.
Whole Earth Brands was formed through the combination of Act II Global Acquisition Corp.
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