Charlestowne Premium Beverages Inc. (FPWM) shares are down more than 32 percent on Thursday morning trade continuing a decline since Wednesday. There was no corporate announcement on the day that could influence the stock movement.
Currently, the shares are at $2.61, down 32.90 percent from the previous close of $3.89 on a volume of 262,809. The shares have traded in a range of $2.18-$4.12 on average volume of 127,731.
On April 8, the alcoholic beverages producer had announced a negotiation to acquire a US vodka brand to add a portfolio of beverages. The company said it will reveal the acquisition details when the deal is through.
For comments and feedback contact: editorial@rttnews.com
Invest in the Best Pharma Stocks by Subscribing to RTT Biotech Investor.
