Vinco Ventures, Inc. (BBIG) in Bethlehem, Pa., operates as a consumer product research and development, manufacturing, sales, and fulfillment company. The company recently announced the acquisition of AdRizer to monetize the content creation and streaming capabilities of the Lomotif short-form video app through digital advertising. BBIG also plans to merge with ZASH Global.
The stock has declined 52.1% in price over the past six months to close yesterday’s trading session at $2.97. In addition, it is currently trading 76.2% below its 52-week high of $12.49, which it hit on Sept. 8, 2021, due to a Reddit-fueled short squeeze.
