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GOED Stock Price, News & Analysis

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Welcome to our dedicated page for GOED news (Ticker: GOED), a resource for investors and traders seeking the latest updates and insights on GOED stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GOED's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GOED's position in the market.

Rhea-AI Summary

1847 Goedeker Inc. (GOED) has reported impressive growth metrics for December, reflecting a strong upward trend in web traffic and orders. Key highlights include a 103% increase in orders year-over-year, totaling $9.1M, alongside a 96% boost in site sessions to 752K. The company also noted an exceptional response to sales calls, with a 97% answer rate and an average hold time of 31 seconds. The acquisition of Appliances Connection is expected to further enhance growth potential in the e-commerce sector.

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Rhea-AI Summary

BALLWIN, MO / ACCESSWIRE / August 25, 2020 / 1847 Goedeker Inc. (NYSE American:GOED) will present at the LD 500 investor conference on September 4, 2020, at 10:20 a.m. ET. CEO Doug Moore is expected to discuss the Company's strong performance and future growth strategies. The LD 500, held from September 1-4, 2020, will be virtual, allowing wider accessibility for attendees. Goedeker, a leading e-commerce platform for home goods, has shifted significantly since its founding in 1951, now facilitating over 90% of sales through its website, goedekers.com.

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Rhea-AI Summary

1847 Goedeker Inc. has successfully completed a $10,000,800 Initial Public Offering (IPO) with Aegis Capital Corp. acting as Co-Manager. Established in 1951, Goedeker's has evolved into a prominent e-commerce platform specializing in appliances, furniture, and home goods. With a strong online presence, over 90% of sales are conducted via its website. This funding aims to enhance its logistics and expand its market position, ensuring a seamless shopping experience for customers in the home category.

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1847 Goedeker Inc. has successfully completed a $10,000,800 Initial Public Offering (IPO) with Aegis Capital Corp. acting as Co-Manager. This offering marks a significant step for Goedeker, an established e-commerce retailer specializing in appliances, furniture, and home goods, which transitioned from a local St. Louis operation to a nationwide omnichannel presence since 1951. The company offers over 185,000 products through its website, indicating a strong online sales strategy. With over 90% of sales from online channels, Goedeker is well-positioned for growth in the e-commerce market.

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FAQ

What is the market cap of GOED (GOED)?

The market cap of GOED (GOED) is approximately 130.9M.

GOED Rankings

GOED Stock Data

130.94M
91.35M
Specialty Retail
Consumer Cyclical
Link
United States
Brooklyn

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