Stran & Company up on promotional products, services contract

Stran & Company

16/09/2022 14:12

** Shares of branding solutions firm Stran & Company Inc
 STRN.O  up ~2% at $1.73 premarket
    ** STRN says it has secured a major contract with a leading
North American infrastructure services company to provide
promotional products and services
    ** Contract is expected to generate over $1 mln annually,
likely to commence in Q4, 2022  urn:newsml:reuters.com:*:nGNE3Z3NNy
    ** "This client came as a referral from an existing customer
of ours, which we believe further validates the quality of our
service-based offering and clear value proposition" - CEO Andy
Shape
    ** Up to Thursday's close, stock had fallen ~72% YTD
compared with ~21% decline in the NASDAQ Industrial Index
 .IXID 

 (Reporting by Shashwat Chauhan in Bengaluru)
 ((Shashwat.Chauhan@thomsonreuters.com))