Alto Ingredients, Inc. Completes Ticker Symbol Change to ALTO
Alto Ingredients (NASDAQ: ALTO) celebrated the commencement of trading under its new ticker symbol on February 1, 2021.
Rhea-AI Summary
Alto Ingredients (NASDAQ: ALTO) celebrated the commencement of trading under its new ticker symbol on February 1, 2021. The company will ring the Nasdaq Closing Bell on February 3, 2021, marking the transition from its former name, Pacific Ethanol. Alto Ingredients specializes in producing specialty alcohols and essential ingredients for various markets, including Food & Beverage and Renewable Fuels. The strategic rebranding aims to amplify its presence in these sectors and reflect its diversified business approach.
Positive
- Successful rebranding to Alto Ingredients from Pacific Ethanol, enhancing corporate identity.
- Initiation of trading under the new ticker symbol ALTO, signaling a fresh start.
- Diverse market focus on specialty alcohols and essential ingredients, targeting growth sectors.
Negative
- None.
Details
News Market Reaction – ALTO
In the trading session that priced this news, ALTO declined 1.03%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Company to Ring Nasdaq Closing Bell on February 3rd
SACRAMENTO, Calif., Feb. 01, 2021 (GLOBE NEWSWIRE) -- – Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, today announced, as previously disclosed, that the company’s stock will begin trading under its new ticker symbol “ALTO” on the Nasdaq Stock Market, effective today, February 1st.
In celebration of the company’s new corporate name and ticker symbol, on February 3, 2021, employees of Alto Ingredients, Inc. are scheduled to ring the Nasdaq Closing Bell remotely from across the country.
About Alto Ingredients, Inc.
Alto Ingredients, Inc. (ALTO), formerly known as Pacific Ethanol, Inc., is a leading producer of specialty alcohols and essential ingredients. The company is focused on products for four key markets: Health, Home & Beauty; Food & Beverage; Essential Ingredients; and Renewable Fuels. The company’s customers include major food and beverage companies and consumer products companies. For more information please visit www.altoingredients.com.
Media Contact:
Bryon McGregor, Alto Ingredients, Inc., 916-403-2768, mediarelations@altoingredients.com
Company IR Contact:
Michael Kramer, Alto Ingredients, Inc., 916-403-2755, Investorrelations@altoingredients.com
IR Agency Contact:
Moriah Shilton, LHA Investor Relations, 415-433-3777, Investorrelations@altoingredients.com
FAQ
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