Qurate Retail Group Rebrands to QVC Group, Inc.
Qurate Retail Group has rebranded to QVC Group, Inc., effective immediately, with new ticker symbols starting February 24, 2025. This change supports the company's strategy to enhance its position in live social shopping. Additionally, the annual meeting has been advanced to May 12, 2025, to discuss a proposed reverse stock split for Nasdaq compliance. QVC Group operates six retail brands and reaches over 200 million homes globally. The current market cap is $157.1M, with a year-to-date price performance of -5.04%.
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Qurate Retail Group ( (QRTEA) ) has issued an announcement.
On February 21, 2025, QVC Group, Inc. announced a name change from Qurate Retail, Inc. to QVC Group, Inc., effective immediately, with stock trading under new ticker symbols starting February 24, 2025. This rebranding aligns with the company’s strategy to expand in live social shopping, leveraging its brand equity and aiming to enhance its industry positioning. Additionally, the company advanced its annual meeting to May 12, 2025, to facilitate a proposed reverse stock split to maintain Nasdaq listing compliance.
More about Qurate Retail Group
QVC Group, Inc., formerly known as Qurate Retail, Inc., is a Fortune 500 company specializing in live social shopping. It operates six leading retail brands: QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, and Grandin Road. The company reaches over 200 million homes worldwide through various platforms, including television channels, streaming apps, and social media, redefining the shopping experience with video-driven commerce.
YTD Price Performance: -5.04%
Average Trading Volume: 1,888,592
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $157.1M
Find detailed analytics on QRTEA stock on TipRanks’ Stock Analysis page.
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