Kaspien slumps as Q3 revenue drops

Kaspien Holdings

14/12/2022 11:20

** Kaspien Holdings Inc's shares  KSPN.O  slump 27.5% to
$0.71 premarket
    ** The e-commerce marketplace growth platform posts a 9.4%
fall in Q3 revenue, driven by declines in fulfillment by Amazon
service in United States  urn:newsml:reuters.com:*:nPn6mCQdra
    ** Q3 net loss widens to $3.6 mln from $0.9 mln a year ago
    ** Stock down ~91% YTD, on pace for biggest yearly drop
since listing in 1986
 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))