GUCG Stock Update
Today opening stock is at an all-time high from the six-week period I’ve been tracking it. At $28.00 it has gone up from the lowest point of $21.00 a few weeks prior. Over the six-week period I noticed that for the most part it stayed in the mid-twenty range. At one point, it did drop to the low of $21, and now at my last week of tracking it is at its highest point. There doesn’t seem to be any obvious reason for the spike as far as the news on the brand goes, however, they did just debut a new advertising strategy as well as a their 90th anniversary celebration this year.