Winc (NYSEAMERICAN:WBEV) Shares Down 22.2% – Here’s What Happened

Winc, Inc. (NYSEAMERICAN:WBEVGet Free Report) was down 22.2% on Monday . The company traded as low as $0.13 and last traded at $0.14. Approximately 582,400 shares changed hands during trading, an increase of 133% from the average daily volume of 250,366 shares. The stock had previously closed at $0.18.

Winc Stock Performance

The firm has a market cap of $1.86 million and a PE ratio of -0.08.

About Winc

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Winc, Inc engages in sourcing, bottling, labeling, and distributing wine under its own winery license in the United States and internationally. It operates through DTC and Wholesale segments. The company offers wines and non-alcoholic wines under the Summer Water, Wonderful Wine Company, Lost Poet, Folly of the Beast, Chop Shop, and Cherries and Rainbows brand names; and ready to drink cocktails, and spirits and beers.

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