- Alkaline Water Company Inc (NASDAQ:WTER) has entered into an agreement with an E-Commerce agency specializing in managing retailers’ digital marketplaces.
- The partnership will be managed by Alkaline Water’s new Director of E-Commerce, Chris Pitman.
- In his new role at Alkaline88, Pitman will manage overall strategy, on-platform marketing and advertising, e-commerce specific content and optimization, and supply chain efficiency.
- Alkaline Water cited an eMarketer report that food and beverage was by far the fastest-growing e-commerce category in the U.S. in 2020 and forecasts 151.5 million U.S. digital grocery buyers by 2024 vs. 92.3 million in 2019.
- Price Action: WTER shares are trading lower by 4.27% at $1.57 on the last check Thursday.
RBC Capital Maintains Sector Perform on Amgen, Lowers Price Target to $216
RBC Capital analyst Kennen MacKay maintains Amgen (NASDAQ:AMGN) with a Sector Perform and lowers the price target from $217 to $216.
