Pricesmart (PSMT) falls 1.50% to Close at $80.88 on September 14

Equities Staff  |

Today, Pricesmart Inc. Inc’s (NASDAQ: PSMT) stock fell $1.23, accounting for a 1.50% decrease. Pricesmart opened at $82.33 before trading between $82.82 and $80.55 throughout Tuesday’s session. The activity saw Pricesmart’s market cap fall to $2,489,750,554 on 75,546 shares -below their 30-day average of 85,012.

About Pricesmart Inc.

PriceSmart, headquartered in San Diego, owns and operates U.S.-style membership shopping warehouse clubs in Latin America and the Caribbean, selling high quality merchandise and services at low prices to PriceSmart Members. PriceSmart operates 47 warehouse clubs in 12 countries and one U.S. territory (eight in Costa Rica and Colombia; seven in Panama; five in the Dominican Republic, four in Trinidad and Guatemala; three in Honduras; two each in El Salvador and Nicaragua; and one each in Aruba, Barbados, Jamaica and the United States Virgin Islands). The Company also plans to open new warehouse clubs in Guatemala City, Guatemala and Bucaramanga, Colombia in the fall of 2021, and in Portmore, Jamaica in the spring of 2022. Once these three new clubs are open, the Company will operate 50 warehouse clubs.

Visit Pricesmart Inc.'s profile for more information.

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To get more information on Pricesmart Inc. and to follow the company's latest updates, you can visit the company's profile page here: Pricesmart Inc.'s Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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