Alliance Entertainment (NASDAQ:AENTW) Trading Up 6.3% – What’s Next?

Alliance Entertainment Holding Co. (NASDAQ:AENTWGet Free Report) shares rose 6.3% during mid-day trading on Thursday . The stock traded as high as $0.24 and last traded at $0.24. Approximately 12,105 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 37,303 shares. The stock had previously closed at $0.23.

Alliance Entertainment Stock Up 6.3 %

The firm’s 50 day moving average is $0.34 and its 200-day moving average is $0.18.

About Alliance Entertainment

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Alliance Entertainment Holding Corporation operates as a wholesaler, retailer, distributor, and e-commerce provider for the entertainment industry worldwide. The company offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products.

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