(Updates with the latest stock movement in the headline and first paragraph.)
AMASS Brands (AMSS) shares were down more than 17% in Wednesday trading after the stock began trading on the Nasdaq under the ticker "AMSS" following a direct listing that did not involve the issuance of new shares.
The beverage platform company said it has generated more than $80 million in cumulative revenue and expanded distribution to over 40,000 points of sale across its multi-brand platform.
Price: $14.00, Change: $-3.00, Percent Change: -17.65%