Naked Wines (OTCMKTS:MJWNF) Trading Up 10.7% – Here’s Why

Naked Wines plc (OTCMKTS:MJWNFGet Free Report) shares were up 10.7% during trading on Tuesday . The company traded as high as $1.05 and last traded at $0.9575. Approximately 5,594 shares traded hands during trading, a decline of 47% from the average daily volume of 10,607 shares. The stock had previously closed at $0.8650.

Naked Wines Stock Up 10.7%

The business has a 50 day simple moving average of $0.95 and a 200-day simple moving average of $0.99.

About Naked Wines

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Naked Wines (OTCMKTS:MJWNF) is an online wine retailer specializing in a direct-to-consumer model that connects independent winemakers with wine enthusiasts. Through its membership program—referred to as “Angels”—the company offers subscribers exclusive access to a curated selection of wines at prices typically below traditional retail levels. Operating primarily through its e-commerce platform, Naked Wines emphasizes transparency, storytelling and community engagement to differentiate its offering.

The company’s core business centers on providing funding to small, independent winemakers around the world.

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