Yoshitsu’s Principal Executive Officer, Mr. Mei Kanayama, expressed his excitement over the company’s performance, highlighting a 15.3% growth in total revenue and a striking 601.3% increase in income from operations. This success was primarily fueled by the performance of the company’s physical stores and franchise expansion. The release of these financial results has led to a surge in Yoshitsu stock, driving heavy trading volume. More than 266 million shares have been traded, dwarfing the 100-day average of less than 2.2 million shares.
For those interested in participating in the market for Yoshitsu Co., there are options available to buy shares through brokerage accounts. With the stock trading at $0.56 at the time of publication, $100 could purchase approximately 178.57 shares. However, betting against the company involves a more complex process, requiring access to options trading platforms. Shorting a stock can be achieved by borrowing shares to sell or trading options such as put or call options to profit from potential share price declines. Yoshitsu shares were up 75% at 54 cents at the time of the article’s publication.
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