Crumbs Bake Shop Inc(OTCMKTS:CRMB) fell $0.375 through trading yesterday and is currently valued at $0.270. The stock reached a three month high of $0.65 on July 11th, 2014 after reaching a three month low of $0.03 on July 9th, 2014. Yesterday, the stock’s value fell into the thirty to forty cent range, where it remained throughout most of May and June. The New York-based company announced it had entered an Asset Purchase Agreement with Lemonis Fischer Acquisition Company, LLC, on July 11th.
USG Corporation(NYSE:USG) gained $0.04 through trading yesterday and closed at $28.09. Although the stock appears to be rebounding from its three month low closing price of $28.05 recorded July 11th, 2014, USG’s value remains $4.37 below its April 22nd, 2014 value of $32.63. The company, which manufactures and distributes building materials through its subsidiaries, was recently downgraded by RPC Capital Markets from Outperform to Sector Perform. USG stockholders include Warren Buffett, who owns a 30% stake in USG Corporation.
Hemp Inc(OTCMKTS:HEMP) fell $0.0010 through trading and closed at $0.0670 yesterday. The medical marijuana services and products company was boosted by the news that its “spinoff” company, BioAdaptives, Inc., was cleared for trading last week. In total, 2,015,000 shares of BioAdaptives, Inc. stocks were issued to Hemp, Inc. shareholders. Since that time, the value of the stock has increased from $0.12 to $4.60. The company’s also recently purchased a Temafadecortification equipment line, which separates fiber from hemp plants.