With a $1.88 billion market cap, Weber Inc. (WEBR) manufactures and distributes outdoor cooking products, accessories, consumables, and services in North America, Europe, Australia, and internationally. The company sells its products through an omnichannel network comprising wholesale, direct-to-consumer, and e-commerce channels.
WEBR has recently witnessed a short-lived short squeeze-driven rally. The stock gained 5.5% over the past month to close the last trading session at $6.55. However, it has declined 42.4% over the past six months and 49.3% year-to-date. It is currently trading 64.5% below its 52-week high of $18.43, which it hit on October 15, 2021.
