Party City Holdco Inc. (PRTY) Plunges 5.59% on March 29

Party City Holdco Inc. (PRTY) Plunges 5.59% on March 29

Party City Holdco Inc. (PRTY) had a rough trading day for Friday March 29 as shares tumbled 5.59%, or a loss of $-0.47 per share, to close at $7.94. After opening the day at $8.45, shares of Party City Holdco Inc. traded as high as $8.45 and as low as $7.88. Volume was 2.13 million shares over 12,546 trades, against an average daily volume of n/a shares and a total float of 93.66 million.

As a result of the decline, Party City Holdco Inc. now has a market cap of $743.68 million. In the last year, shares of Party City Holdco Inc. have traded between a range of $16.95 and $7.96, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Party City Holdco Inc is a party goods retailer in North America that operates owned and franchised locations in the US, Canada, and Puerto Rico. Party City also sells internationally in countries like the UK, France, Germany, and Australia, among others. The company has two primary reporting segments: retail and wholesale. The retail operations sell through Anagram, Amscan, Designware, Costumes USA, and other party suppliers, such as Party City, Halloween City, and PartyCity.com. The wholesale segment sells party goods such as paper and plastic tableware, accessories and novelties, balloons, stationery, and gift items for all occasions. These products are sold by franchise stores, mass merchants, independent card and gift shops, dollar stores, and other retailers and global distributors.

Party City Holdco Inc. is based out of Elmsford, NY and has some 19,900 employees. Its CEO is James M. Harrison.

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