Kaival Brands Innovations (NASDAQ: KAVL ) stock is falling on Monday after the electronic nicotine delivery system company's shares underwent a massive rally on Friday. Shares of KAVL stock rallied 338.2% on Friday without any clear news from the company.
Kaival Brands (NASDAQ: KAVL ) stock is rocketing higher on Friday alongside heavy trading of the electronic nicotine delivery system company's shares. This has more than 49 million shares of KAVL stock changing hands as of this writing.
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Tobacco Industry | Consumer Defensive Sector | Mark L. Thoenes CEO | NASDAQ (CM) Exchange | 483104204 Cusip |
US Country | 3 Employees | - Last Dividend | 25 Jan 2024 Last Split | 15 Feb 2007 IPO Date |
Kaival Brands Innovations Group, Inc. operates in the United States, focusing on selling, marketing, and distributing electronic nicotine delivery system (ENDS) products along with related components. Originally named Quick Start Holdings, Inc., the company underwent a rebranding to Kaival Brands Innovations Group, Inc. in July 2019. Headquartered in Grant-Valkaria, Florida, it functions as a subsidiary of Kaival Holdings, LLC. Kaival Brands Innovations Group targets mainly the adult cigarette smoker demographic, offering a range of flavored options for its products. The company's distribution channels include convenience stores and its B2B online platform, www.wholesale.bidivapor.com, through which it conducts non-retail customer transactions.