Level Brands (LEVB) Shares Gap Up to $4.07

Level Brands (NASDAQ:LEVB)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.29, but opened at $4.07. Level Brands shares last traded at $3.84, with a volume of 3285 shares changing hands.

An institutional investor recently bought a new position in Level Brands stock. Vanguard Group Inc. bought a new position in Level Brands (NASDAQ:LEVB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 240,899 shares of the company’s stock, valued at approximately $874,000. Vanguard Group Inc. owned approximately 2.39% of Level Brands at the end of the most recent quarter.

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Level Brands Company Profile (NASDAQ:LEVB)

Level Brands, Inc operates as a branding and marketing company. It operates through three business segments: Professional Products, Licensing, and Entertainment. The Professional Products segment produces and markets hair care and beauty products. This segment offers silkening shampoo and conditioner under the Flaunt name; spray gel under the Linger; spray on conditioner under the Luxe name; firm hold finishing spray under the Fierce name; all in 1 cleansing and conditioning product under the Lavish name; hair rescue treatment product; blow out styling primer enhanced with marine botanicals under the Sway name; hair spray under the Valor name; thermal protectant under the Fever name; shampoo and conditioner under the Rewind name; and dry shampoo under the Stay Dirty name.

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