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global hydroponics market during the forecast period
Hydroponics has shown to yield a greater amount of produce than conventional agricultural practices. According to the research paper ‘Comparison between Growing Plants in Hydroponic System and Soil Based System published at the 4th World Congress on Mechanical, Chemical, and Material Engineering, August 2018, plants in the hydroponic system can achieve 20–25% higher yields than a soil-based system with productivity 2–5 times higher. Hydroponics uses water 90% more efficiently and many crops can be produced twice as fast in a well-managed hydroponic system. Hence, such factors are expected to drive growth of the global hydroponics market during the forecast period.
Hydrofarm Holdings Group to Participate at the 23rd Annual ICR Conference Hydrofarm Holdings Group, Inc. Petaluma, California, UNITED STATES
PETALUMA, Calif., Jan. 05, 2021 (GLOBE NEWSWIRE) Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading independent branded hydroponics company with a comprehensive distribution platform, today announced that its executive team will participate in a virtual fireside chat at the 23
rd Annual ICR Conference on Wednesday, January 13
th, 2021. Hydrofarm’s discussion will begin at 10:30 AM ET.
About Hydrofarm Holdings Group, Inc.
Hydrofarm is a leading independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture, including high-intensity grow lights, climate control solutions, and growing media, as well as a broad portfolio of innovative and proprietary branded products. For over 40 years, Hydrofarm has helped growers make growing easier
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This week s IPOs, with their expectation to raise $1.7 billion, might not seem as big as last week, when six IPOs and two SPACs altogether expected to raise $7.2 billion. But there are still some promising names to make it interesting.
Last week, we had big names like Airbnb, Inc. (NASDAQ: ABNB), DoorDash Inc (NYSE: DASH), as well as an AI software provider C3.ai (NYSE: AI),
Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) and an AdTech platform
PubMatic, Inc. (NASDAQ: PUBM). This week, we are expecting four IPOs and one SPAC, the highlight being the e-commerce platform
Wish (NASDAQ: WISH),
Midwest Holding (NASDAQ: MDWT), biotech
Significant Points:
Airbnb (NASDAQ: ABNB).
HF Enterprises (NASDAQ: HFEN).
Apartment Investment (NYSE: AIV) shares dropped the most, trading down 85.88% to reach its new 52-week low.
The following stocks set new 52-week lows as of 10 a.m. ET on Tuesday:
Airbnb (NASDAQ: ABNB) stock hit a yearly low of $121.50. The stock was down 5.96% for the day.
AbCellera Biologics (NASDAQ: ABCL) stock hit a yearly low of $48.75. The stock was down 2.0% for the day.
Nikola (NASDAQ: NKLA) stock hit a new 52-week low of $16.01. The stock was up 0.43% on the session.
Momo (NASDAQ: MOMO) shares made a new 52-week low of $12.80 on Tuesday. The stock was down 2.71% for the day.