Byrna Technologies, Inc. Common Stock
BYRNByrna Technologies, Inc. (BYRN) is a security company known for developing non-lethal self-defense products, including portable, technologically advanced pepper spray and ballistic systems. Founded to enhance personal safety, Byrna focuses on providing lawful and effective means of self-protection for civilians, law enforcement, and military markets through innovative, easy-to-use devices.
Company News
Byrna Technologies has appointed Adam Roth, former Nike marketing VP, and TJ Kennedy, a public safety technology leader, to its Board of Directors to enhance brand growth and market expansion strategies.
The less lethal ammunition market is projected to grow from $1.06 billion in 2024 to $1.36 billion by 2029, driven by rising crime rates, increased law enforcement budgets, and innovations in non-lethal defense technologies.
Three stocks - The RealReal, Carvana, and Byrna Technologies - have quadrupled in value in 2024, with one small-cap stock owned by a famous investor, Michael Burry. The article analyzes the performance and potential of these companies.
Byrna Technologies Inc. (BYRN) recently experienced a 'golden cross' event, which is considered a bullish signal. The company's short-term moving average broke above its long-term moving average, indicating a potential trend reversal. Additionally, the company has positive earnings estimate revisions, further supporting the bullish case.
The article discusses the intraday performance of 12 industrial stocks, including Sunrise New Energy, Byrna Technologies, and others. The stocks experienced both gains and losses, with the reasons for the price movements provided.
