Leafly (LFLY) Set to Announce Quarterly Earnings on Thursday

Leafly (NASDAQ:LFLYGet Free Report) is set to release its earnings data after the market closes on Thursday, March 28th. Analysts expect Leafly to post earnings of ($1.41) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Leafly Stock Performance

LFLY stock opened at $2.99 on Tuesday. The firm has a market cap of $6.52 million, a PE ratio of -0.37 and a beta of 1.06. The firm’s fifty day moving average is $3.51 and its 200 day moving average is $6.58. Leafly has a one year low of $2.06 and a one year high of $16.00.

Institutional Trading of Leafly

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. grew its position in shares of Leafly by 215.8% in the third quarter. BlackRock Inc. now owns 1,327,123 shares of the company’s stock valued at $901,000 after purchasing an additional 906,927 shares during the period. Vanguard Group Inc. grew its stake in Leafly by 42.0% during the 3rd quarter. Vanguard Group Inc. now owns 511,635 shares of the company’s stock valued at $347,000 after acquiring an additional 151,394 shares in the last quarter. Baader Bank Aktiengesellschaft grew its stake in Leafly by 600.0% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 350,000 shares of the company’s stock valued at $228,000 after acquiring an additional 300,000 shares in the last quarter. State Street Corp grew its stake in Leafly by 9.0% during the 3rd quarter. State Street Corp now owns 175,391 shares of the company’s stock valued at $119,000 after acquiring an additional 14,500 shares in the last quarter. Finally, CI Private Wealth LLC purchased a new stake in Leafly during the 4th quarter valued at about $95,000. Institutional investors and hedge funds own 15.55% of the company’s stock.

About Leafly

(Get Free Report)

Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.

See Also

Earnings History for Leafly (NASDAQ:LFLY)

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