The shares of GrowGeneration Corp. (GRWG) moved down after the company released its second-quarter results. The stock price lost almost 12% to close at $31.49 on August 13. GrowGeneration offers thousands of horticultural, organics, lighting, and hydroponics products. As of March 16, 2021, it operated a chain of 51 outlets, as one of the largest hydroponics providers in the United States. With a market capitalization of $1.88 billion, GrowGeneration lost almost 26% in the past five days and 19% over the last three months. However, the stock gained 95% and 693% over the last year and three years, respectively.
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Growgeneration (NASDAQ:GRWG)
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