Channel programs News
Channel Stocks Winners And Losers Of 2022 (So Far)
It’s been a rough six months for stock markets and channel company stocks have not been immune from the big sell-off. Here’s a look at the (few) companies whose share prices increased in the first half of 2022 and the 10 companies with the biggest share price declines.
Gainers No. 3: Softchoice
CEO: Vince De Palma
Jan. 3, 2022, Opening: $22.00
June 30, 2022, Close: $22.51
For the first quarter (ended March 31) of 2022 Softchoice reported net sales of $222.9 million, down 4.4 percent from $233.2 million in the first quarter of 2021. The company reported net income of $3.7 million for the quarter compared to a $2 million loss one year before.
Softchoice will report results for its second quarter on Aug. 12.