Wilhelmina shares skyrocket, up 100% amid 4-day run

Wilhelmina International

15/04/2021 16:58

** Wilhelmina International  WHLM.O  shares up 25.4% at
$10.43 after several trading halts for volatility, rising for
4th straight session
    ** WHLM on Thurs jumps 71% to $14.21, highest since Aug 2003
    ** Shares have now doubled since Retail Ecommerce Ventures
LLC (REV) late Fri disclosed 18.4% stake in the fashion model
and talent management services provider, per SEC filing https://www.sec.gov/Archives/edgar/data/0001013706/000119312521111666/d137209dsc13d.htm
  urn:newsml:reuters.com:*:nL1N2M51I3
     ** Internet marketer Tai Lopez and Alex Mehr, who have
equity interests in Modell's Sporting Goods Online Inc through
their REV ownership, have bought up various cos in bankruptcy,
including RadioShack, Pier 1 and Dressbarn
    ** ~14 mln WHLM shares have traded so far vs 10-DMA of ~1.8
mln, per Refinitiv data
    ** Co has ~5.2 mln shares outstanding and free float of ~3.1
mln shares

 (Lance Tupper is a Reuters market analyst. The views expressed
are his own)
 ((lance.tupper.tr.com@reuters.net
lance.tupper@tr.com 1-332-219-1430))