Inventure Foods has received approval by Nasdaq‘s listing qualifications department to list its common stock on the NASDAQ Global Market.
In a statement released today (17 February), the US food manufacturer said that its its shares will start trading on the NASDAQ Global Market tomorrow under its current symbol “SNAK.”
Go deeper with GlobalData
Currently, Inventure shares trade on the NASDAQ Capital Market.
“We are proud to have qualified for the NASDAQ Global Market,” said Inventure CFO Steve Weinberger. “This move is a significant milestone for the company, and reflects our continued rapid growth and strong financial results. We believe inclusion in this higher tier of companies reflects our commitment to increasing shareholder value, while improving both visibility for investors and exposure to financial markets.”
