BUZZ-Safety Shot jumps after raising Q4 sales forecast

Reuters

2024/12/12

** Dietary supplement company Safety Shot SHOT.O shares up 18% at $1

** Co projects Q4 net sales growth surge of 50% over that of Q3, driven by holiday season, a key period for consumer spending

** Co says expectation is due to successful rebranding of its flagship product - Sure Shot, alliances with retailers, and sale of securities, which have provided capital to fuel growth

** Expects this upward trajectory to continue through December

** Co's wellness product, Safety Shot, helps in lowering blood alcohol content by supporting its metabolism

** SHOT stock has fallen 75% YTD, including session's moves

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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