Why Grove (GROV) Stock Is Gaining Today – Grove Collaborative Hldgs…

Why Grove (GROV) Stock Is Gaining Today – Grove Collaborative Hldgs…

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  • Grove Collaborative Holdings Inc GROV is Planning a retail expansion for its home care brand, Grove Co, with its first drugstore.
  • Grove has has launched its range of plastic-free cleaner concentrates, dishwashing liquid and dishwashing liquid packs in 2,200 additional stores.
  • Since the beginning of 2021, the company has more than doubled the number of its stores.
  • Grove aims to be 100% plastic-free by 2025.
  • “By expanding our distribution, we’re making it easier for consumers to buy environmentally friendly, high-performing products that don’t rely on plastic packaging,” said Stuart Landesberg, co-founder and CEO of Grove Collaborative.
  • Price promotion: GROV shares are trading up 34.4% at $3.98 on the latest check Tuesday.

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