What the bad jobs report means for markets
Chicago Atlantic Opportunity (SO:FTCE11B) Portfolio, LP, a significant shareholder in Vireo Growth Inc. (NASDAQ:VREO), recently increased its stake in the company through a series of stock purchases. On June 10 and 11, the firm acquired a total of 169,600 Subordinate Voting Shares at a weighted average price range between $0.4004 and $0.4019 per share. The total value of these transactions amounted to approximately $67,991. Following these acquisitions, the shareholder’s total ownership in Vireo Growth stands at 33,162,968 shares.
The timing of these purchases appears strategic, as InvestingPro data shows VREO has delivered a 47.37% return over the past six months, with a notable 9.8% gain in the past week alone. The company, currently valued at $299.36M, operates with a moderate debt-to-equity ratio of 1.79. While not currently profitable, VREO maintains a healthy current ratio of 1.66. Additional insights are available in the comprehensive Pro Research Report, part of InvestingPro’s coverage of over 1,400 US stocks.
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