Zinger Key Points
- American Rebel and Dichello Distributors signed a distribution agreement.
- The company reported quarterly financial results on Thursday.
- Get 5 stock picks identified before their biggest breakouts, identified by the same system that spotted Insmed, Sprouts, and Uber before their 20%+ gains.
American Rebel Holdings, Inc. AREB stock is moving higher Friday morning after the company signed a distribution agreement with Dichello Distributors.
The Details: Dichello Distributors will handle the distribution of American Rebel’s beer across Connecticut.
“John Hall and Dichello Distributors are the perfect fit for American Rebel Light Lager,” said American Rebel CEO Andy Ross. “John understands American Rebel’s target market and potential and we’re going to hit the ground running in Connecticut.”
Separately, American Rebel announced quarterly financial earnings on Thursday. For the 2024 first fiscal quarter, the company reported revenue of approximately $4 million.
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AREB Price Action: At the time of writing, American Rebel shares are up 148% at 74 cents per share.
Image: 962355 from Pixabay.
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