Naked Wines (OTCMKTS:MJWNF) Stock Price Down 7% – Here’s What Happened

Naked Wines plc (OTCMKTS:MJWNFGet Free Report) shares fell 7% on Tuesday . The stock traded as low as $0.9063 and last traded at $0.9063. 100 shares traded hands during trading, a decline of 99% from the average session volume of 10,607 shares. The stock had previously closed at $0.9750.

Naked Wines Stock Performance

The firm has a 50 day simple moving average of $0.92 and a 200 day simple moving average of $0.97.

Naked Wines Company Profile

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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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