By Corey Mann XELB stock is up after the company announced its acquisition of LOGO by Lori Goldstein. XCel Brands’ (Nasdaq: XELB) new addition to their portfolio is making an impact on the share price. In fact, it was up over 8% pre-market and is now pushing its 52-week high.
XELB Stock Overview: What is XCel Brands?
XCel Brands is a media and consumer products company that was founded in 1989. Overall, it plays a role in practically all aspects of its brands. This includes the design, production, marketing, wholesale and direct-to-consumer sales.
And XCel is known for its portfolio of popular brands. This is a …read more