The CIO of Reed’s Inc (REED) is Selling Shares


Today, the CIO of Reed’s Inc (REED), Christopher Reed, sold shares of REED for $613.1K.

Following Christopher Reed’s last REED Sell transaction on January 03, 2019, the stock climbed by 1.1%.

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Based on Reed’s Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $9.63 million and GAAP net loss of $2.66 million. In comparison, last year the company earned revenue of $8.29 million and had a GAAP net loss of $1.62 million. Currently, Reed’s Inc has an average volume of 690.4K.

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Reed’s, Inc. engages in the provision of carbonated and non-carbonated beverages. Its product lines include Reed’s Ginger Brews, Virgil’s Root Beer, and Flying Culdron Butterscotch Beer. The company was founded by Christopher J. Reed in June 1987 and is headquartered in Los Angeles, CA.

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