Krogers expanding $MYLKs product line in their stores An update was released by The Planting Hope Co. ( $MYLK.V ) yesterday, however, despite this their share price has dipped 5% today.
I'm thinking that the dip may be due to market volatility and because of the positivity of the news, it might be a good time to buy.
Getting to the point, the update was that Kroger will be the first retailer to introduce $MYLK's new 48 oz refrigerated bottles of sesame milk.
Kroger is expanding $MYLK's sesamemilk product line into select Fred Meyer, Ralphs, King Soopers and Mariano's locations.
I think that this is great news for the company and will likely be great for exposure and sales, which is making me feel like the price hit today isn't adding up.
$MYLK @ $0.76, MC $27.565M
Full press release here: https://ca.finance.yahoo.com/news/planting-hope-debuts-refrigerated-sesamemilk-124500274.html