Alliance Entertainment (NASDAQ:AENTW) Shares Up 10.9% – Here’s Why

Alliance Entertainment Holding Co. (NASDAQ:AENTWGet Free Report)’s stock price shot up 10.9% during mid-day trading on Wednesday . The stock traded as high as $0.32 and last traded at $0.30. 3,010 shares changed hands during trading, a decline of 91% from the average session volume of 35,173 shares. The stock had previously closed at $0.27.

Alliance Entertainment Price Performance

The stock has a 50-day simple moving average of $0.32 and a 200 day simple moving average of $0.15.

Alliance Entertainment Company Profile

(Get Free Report)

Alliance Entertainment Holding Corporation operates as a wholesaler, retailer, distributor, and e-commerce provider for the entertainment industry worldwide. The company offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products.

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