Hooker Furnishings Corporation (NASDAQ: HOFT) shares gained 0.31%, or $ 0.08 per share, to close at $ 25.96 on Friday. After opening the day at $ 25.91, Hooker Furniture shares have fluctuated between $ 26.28 and $ 25.45. 41,557 shares traded in the hands, down from their 30-day average of 53,445. Friday’s activity took Hooker Furniture’s market cap to $ 309,546,677.
About Hooker Furnishings Corporation
Hooker Furniture Corporation manufactures and imports residential furniture, primarily for the upper mid-price range. The Company offers products such as home office furniture, entertainment centers, imported accent furniture, and bedroom and wall systems. Hooker sells its products to furniture retailers, catalog merchants, and national and regional chain stores.
Visit the Hooker Furnishings Corporation Profile for more information.
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McDonald’s to bring new plant-based burger to U.S. restaurants by Beyond Meat
McDonald’s Corporation (NYSE: MCD) will soon launch a small-scale deployment in the United States of a new plant-based burger developed with fake meat maker Beyond Meat Inc (Nasdaq: BYND).
Starting November 3, “McPlant” will be on the menu at eight locations in Texas, Louisiana, Iowa and California as part of a trial to gauge customer interest in the meatless offering, a McDonald’s announced last week.
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Breaking down the supply chain bottleneck
Since the onset of the global pandemic, historically low interest rates and government spending have inhibited saving and encouraged borrowing and spending to boost the economy during difficult times. The US Federal Reserve and the government injected much more liquidity into the financial system than during the global financial crisis of 2008. We have seen an increase in inflationary pressures due to the stimulus. In addition, the unintended consequences of the pandemic created shortages and supply chain bottlenecks that only exacerbated the rise in prices.
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Walgreens invests an additional $ 5.2 billion in primary care provider VillageMD
Walgreens Boots Alliance Inc (Nasdaq: WBA) will invest $ 5.2 billion in primary care provider VillageMD as part of the drugstore chain’s plan to open more co-located practices at its drugstores across the United States.
The investment announced Thursday brings the Deerfield, Illinois-based chain’s stake in VillageMD to 63%, from the 30% it acquired in July 2020.
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For more information on Hooker Furnishings Corporation and to keep up with the latest company updates, you can visit the company profile page here: Hooker Furnishings Corporation’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
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