Zinger Key Points
- Sure Shot's CEO provides several business updates about its production, distribution and revenue traction.
- The company launches its Sure Shot product on its e-commerce channel in January 2024.
- Feel unsure about the market’s next move? Copy trade alerts from Matt Maley—a Wall Street veteran who consistently finds profits in volatile markets. Claim your 7-day free trial now.
Safety Shot Inc. SHOT shares traded lower on Monday after the company’s CEO provided several business updates about its production, distribution and revenue traction.
What To Know: The company launched its Sure Shot product on Amazon in November 2023, which sold out within a few hours. The company then launched it on its own e-commerce channel in January 2024.
Safety Shot believes this is indicative of high demand for beverage solution designed to enhance health and wellness.
The company also announced its positive findings from a human clinical trial of Sure Shot published in a peer-reviewed article titled, “A Novel Blend of Dietary Ingredients Mitigates Blood and Breath Ethanol Levels After Acute Alcohol Intake,” in the Journal of Nutrition and Dietary Supplements.
Furthermore, the company announced a spin-off of its Caring Brands division and will distribute two million shares to Safety Shot shareholders. It also highlighted its On the Go Stick Pack, which will launch with two flavors and additional options in the Sure Shot lineup.
SHOT Price Action: Safety Shot shares were down 12.05% at 36 cents at market close Monday, according to data from Benzinga Pro.
See Also:
• Hut 8 Shares Are Down Today: What’s Going On?
Photo: Insta_Photos via Shutterstock
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.