Cricut Shares Rise 33% After Higher Third-Quarter Earnings, Special Dividend
Cricut reported third-quarter profit and revenue above year-earlier levels and declared a special dividend. Shares rose 33% to $7.92 after reaching a 52-week high of $8.04 earlier in the session.
By Chris WackCricut shares rose after the company reported third-quarter profit and revenue that were higher than last year.The stock was 33% higher, at $7.92, in morning trade, after hitting its 52-week high of $8.04 earlier in the session.The company said it had quarterly net income of $27.8 mill…