What Next for Long Blockchain Corp. (LBCC) Stock After Today’s Big Increase?

March 14, 2018 - By Adrian Mccoy

The stock of Long Blockchain Corp. (NASDAQ:LBCC) is a huge mover today! The stock increased 9.51% or $0.25 during the last trading session, reaching $2.88. About 295,244 shares traded. Long Blockchain Corp. (NASDAQ:LBCC) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 5 months positive chart setup for the $33.43M company. It was reported on Mar, 14 by Barchart.com. We have $3.05 PT which if reached, will make NASDAQ:LBCC worth $2.01M more.

More notable recent Long Blockchain Corp. (NASDAQ:LBCC) news were published by: Globenewswire.com which released: “Long Blockchain Corp. Appoints new Chief Executive Officer, Approves Spin Off …” on February 20, 2018, also 247Wallst.com with their article: “Short Sellers Look Quite Aggressive Against Bitcoin, Cryptocurrency and …” published on March 12, 2018, Globenewswire.com published: “Long Blockchain Corp. Appoints Loretta Joseph to Board of Directors” on February 28, 2018. More interesting news about Long Blockchain Corp. (NASDAQ:LBCC) were released by: Newsday.com and their article: “HBO’s John Oliver calls Long Blockchain ‘particularly dumb'” published on March 12, 2018 as well as Newsday.com‘s news article titled: “Long Blockchain tried to ‘mislead investors,’ Nasdaq says” with publication date: February 22, 2018.

Long Blockchain Corp., through its subsidiaries, produces and distributes iced tea in the United States. The company has market cap of $33.43 million. The firm offers ready-to-drink iced tea under the Long Island Iced Tea brand. It currently has negative earnings. It also provides lemonade under the The Original Long Island brand name.

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