Mama’s Creations: From Penny Stock to Growth Star. Revenue Increase Accelerates to a Whopping 50% in Q3.
Reading Time: 3 minutes
About ten years ago, the stock of Mama's Creations (MAMA) had reached penny stock levels, hitting a low of $0.31. Now the stock is soaring from high to high. Mama's Creations operates a scalable business model as a national "one-stop-shop" for high-quality deli-prepared foods ("Grandma Quality"): fully cooked products such as meatballs, chicken, paninis, sides – branded and private label. Deli-prepared foods are booming as consumers replace restaurant visits with grocery alternatives (the share has doubled since 2017). CEO and Chairman Adam...
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