The Lovesac Company (NASDAQ: LOVE) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 23.83% on the day to $26.03.
The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. As of January 30, 2022, the company operated 146 showrooms. It markets its products primarily through lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, kiosks, mobile concierges, and street locations in 39 states.
So far today, approximately 683.84k shares of The Lovesac Company have been exchanged, as compared to an average 30-day volume of 180.89k shares.
The Lovesac Company share prices have moved between a 52-week high of $30.39 and a 52-week low of $14.18. The stock has moved -4.97% over the past week.
To learn more about The Lovesac Company, visit the company’s website at https://www.lovesac.com.
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