ValuEngine cut shares of Acorn International (NYSE:ATV) from a buy rating to a hold rating in a report published on Friday morning.
Acorn International (ATV) opened at $16.25 on Friday. Acorn International has a fifty-two week low of $5.99 and a fifty-two week high of $19.51.
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Acorn International, Inc is a marketing and branding company in China that develops, promotes and sells a portfolio of branded products. The Company’s business is comprised of two main divisions, direct-sales platforms and its nationwide distribution network. The direct-sales business involves marketing and selling products directly to consumers in China through its outbound marketing platform and Internet sales platform.
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