24/7 Market News Snapshot 25 February, 2025 – DDC Enterprise Limited (NYSE:DDC)

February 25, 2025

DENVER, Colo., 25 February, 2025 (247marketnews.com) – (NYSE:DDC) are discussed in this article.
DDC Enterprise Limited (DDC) commenced trading today at $0.245 but has seen a decline to $0.242, translating to a decrease of approximately 10%. This drop follows a session close at $0.220, suggesting that bullish momentum was evident in earlier trading activities. The day’s trading volume reached 6.18 million shares, indicating a surge in investor interest. Technically, the stock is currently facing resistance at the $0.245 level, while its support appears to rest around $0.220. Market participants are closely monitoring for potential breakout patterns or further price corrections as the session unfolds, which may influence future trading strategies.

In a noteworthy development aimed at bolstering its position in the consumer food market, DDC Enterprise has successfully completed a subscription for 10,000,000 shares. This initiative, led by Chairwoman and CEO Ms. Norma Chu, alongside a strategic investor, is projected to raise $2,278,080. The move underscores the company’s commitment to fostering long-term growth amid the challenges of 2024. Ms. Chu expressed confidence in the resilience of the DDC team and highlighted their triumph in restoring compliance with the NYSE.

Further demonstrating her confidence in the company’s trajectory, Ms. Chu plans to acquire up to 10% of DDC’s outstanding shares in the open market, adhering carefully to insider trading regulations. DDC anticipates achieving record revenue in 2024, forecasting gross revenues between $34 million to $40 million and adjusted EBITDA figures consistent with prior reports.

With a robust cash position expected to reach approximately $26.2 million by year-end, DDC is well-equipped to facilitate continued growth. The company is well-positioned for an exciting year, ready to keep expanding its celebrated brands including DayDayCook, Nona Lim, and Yai’s Thai, and to enrich the culinary experiences of consumers worldwide.

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