Aterian shares are trading higher after the company announced the sale of its portfolio of e-commerce brands for $18 million in cash. Also, the company sold convertible preferred stock worth $7 million in a private placement.

Aterian Inc

Aterian Inc

ATER

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Aterian shares are trading higher after the company announced the sale of its portfolio of e-commerce brands for $18 million in cash. Also, the company sold convertible preferred stock worth $7 million in a private placement.
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