new jersey deli worth 100 million
Last year the Your Hometown Deli. Hometown owner of a single deli in Paulsboro New Jersey recently attained a market value in excess of 100 million despite booking just over 35000 in combined sales.
Your Hometown Deli In Paulsboro N J Questioned By Sec As It Lined Up Stock Sale
The largest shareholder is also the CEOCFOTreasurer and a Director who also happens to be the wrestling coach of the high school next door to the deli.
. The delis parent company Hometown International whose operations consist entirely of the single New Jersey deli is a publicly traded company valued at nearly 100. It is mostly unremarkable except that it is publicly traded on the stock market. That the deli had a value of 100 million.
8 for a market cap. On Monday the SEC charged the owners of Hometown Deli in New Jersey who allegedly inflated the shops value to 100 million. A New Jersey sandwich shop with a single store paltry sales and a market value of just over 100 million.
But according to the stock market this one deli is worth roughly. Back in April a tiny New Jersey -based deli made headlines after it was valued at 100 million on the stock market and now we know why. Your Hometown Deli which is owned by Hometown International reported.
This is not a fully satisfying explanation or anything. It seemed wildly improbable even by the standards of the meme stock craze - a publicly traded New Jersey deli that had less than 40000 in annual revenue and yet somehow. The 100 Million Deli In a small town in New Jersey there is a deli.
Against all logic a small New Jersey deli is worth just over 100 million on the stock market. The 100 Million Deli. Anyway as Einhorn says the stock got as high as 1450 on Feb.
Hometown International Inc the deli in Paulsboro New Jersey that is a 100 million public company for very perplexing reasons had another good day yesterday. Just a little sandwich shop. Exhibit A according to one prominent investor.
Theres a little deli in Paulsboro New Jersey called Hometown Deli. Not 100 million worth of valuable.
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