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What's Going On With 1847 Goedeker Shares Today

By Shivani Kumaresan
  • 1847 Goedeker Inc (NYSE:GOED) has entered into a $140 million credit agreement with Bank of America N.A. as administrative agent. 
  • Goedeker intends to use the credit agreement to fund future strategic and corporate initiatives.
  • Under the terms of the agreement, Goedeker will have access to a $100 million term loan and a $40 million revolving credit facility, which includes a $2 million Swingline sub facility and a $2 million letter of credit sub facility.
  • Each of the loans includes market terms and will mature in May 2027. 
  • Price Action: GOED shares are trading higher by 9.77% at $1.46 on the last check Wednesday.
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Dive Deeper:
What's Going On With Roblox Shares Today?
Roblox Corp (NYSE: RBLX) shares are trading lower by 4.82% at $23.42. Traders and investors are watching for the company’s…
What's Going On With Keyera Shares Today
Keyera Corp (TSX:KEY) (OTC:KEYUF) price target was raised to C$37 from C$35 by RBC Capital analyst Robert Kwan. The risk-adjusted expected total return to price…
What's Going On With Roblox Shares Today?
Roblox Corp (NYSE: RBLX) shares are trading lower by 6.12% at $21.77 after the company reported worse-than-expected first-quarter EPS and…
What's Going On With Kohl's Shares Today
Kohl's Corp (NYSE:KSS) shareholders have voted to re-elect all thirteen of the company's director nominees at the 2022 Annual Meeting of Shareholders. "We would…
One subscription that gives you access to news from hundreds of sites
What's Going On With A2Z Shares Today
A2Z Smart Technologies Corp (TSXV:AZ) (NASDAQ:AZ) received a follow-on order for 1,000 Cust2Mate Smart Carts from Yochananof, a premier Israeli supermarket chain. The…
What's Going On With Disney Shares Today?
Walt Disney Co (NYSE: DIS) shares are trading higher by 1.02% at $108.78. Traders and investors are watching for the…
Get all your news in one place