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July 7, 2022, 3:22 p.m. EDT

Grove Collaborative shares soar after expanded distribution to three retailers including Kohl's

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By Tonya Garcia

Grove Collaborative Holdings Inc. /zigman2/quotes/226701480/composite GROV -8.35% announced expanded store distribution at three retailers, Kohl's /zigman2/quotes/210414114/composite KSS +1.72% , Giant Eagle and Meijer, sending shares soaring 90% in Thursday trading. Grove Collaborative is a sustainable consumer products brand that is committed to being 100% plastic-free by 2025. Launched in 2016, the company began trading on the New York Stock Exchange last month following a SPAC deal with Virgin Group Acquisition Corp. Grove products were first available at Target /zigman2/quotes/207799045/composite TGT +1.70% in 2021. The stock closed Wednesday at $4.

/zigman2/quotes/226701480/composite
US : U.S.: NYSE
$ 5.16
-0.47 -8.35%
Volume: 226,327
Aug. 12, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$840.06 million
Rev. per Employee
N/A
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/zigman2/quotes/210414114/composite
US : U.S.: NYSE
$ 33.18
+0.56 +1.72%
Volume: 2.17M
Aug. 12, 2022 4:00p
P/E Ratio
5.15
Dividend Yield
6.03%
Market Cap
$4.26 billion
Rev. per Employee
$194,556
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/zigman2/quotes/207799045/composite
US : U.S.: NYSE
$ 172.48
+2.88 +1.70%
Volume: 2.36M
Aug. 12, 2022 4:04p
P/E Ratio
14.30
Dividend Yield
2.50%
Market Cap
$79.98 billion
Rev. per Employee
$237,729
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